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Pastimes : Ask Mohan about the Market

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To: Cynic 2005 who wrote (17763)4/27/1999 1:52:00 PM
From: Cynic 2005  Read Replies (2) of 18056
 
Interesting action today. At times when I was checking the action of some high flyers, even 100 shares sold caused the B/A to drop a couple of notches. At one time, AMZN bid dropped from 206 1/2 to 206 1/4 on sale of 100 shares, followed by a drop to 206 1/16 for next 100, 205 13/16 for next 100 and then to 205 1/2 for the next 100. Pretty dramatic - IMO.
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