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To: luther q montgomery who wrote (16827)4/23/1999 3:23:00 AM
From: FlatTaxMan  Read Replies (1) of 40688
 
Luther have you ever used this link?

fast.quote.com

I invite all to watch this link every chance you get and then maybe you'll understand what Tim is talking about. It's 15 minutes delayed but you can see every single trade go by and with a time stamp.

I watched every single trade go and what Tim is alluding to is true. Early in the morning we had 10 times(approx) the number of shares being bought at the ask(around 3.62) then shares being sold at the bid(around 3.58). Yet no upward movement. Then all the sudden 300 shares are sold at $3.48 and the mm's started walking it down. All they did was start the snow ball rolling. With the way long investors are feeling right now it was a real easy push to start the snow ball down the hill. After that moment of walking it down all trading appeared to be normal.

e.g.
If 1,000,000 shares sold at the ask
then 1,000 shares sold at the bid and the price drops $1

What happens to the $999,000? Was it vaporized? How does the accounting work with this stuff.

THERE IS NO DOUBT IN MY MIND THERE IS A DEAD CARP LYING BEHIND THE COUCH.

ftm
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