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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts
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To: makin_dough99 who wrote (14458)4/14/1999 10:51:00 AM
From: spy hard  Read Replies (1) of 25711
 
Presense,
Maybe you can explain why, while all the trades were going through above the ask, yet the ask misteriously dropped. MMs are not stupid if they could sell the stock for more money, which clearly they could in the morning why would not they. It looks like they oversold whatever the had and wanted to look like there were no buying pressure. Look at todays action and honestly tell me that it doesn't stink.
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