Nah, In that case investors are the MM (which indeed we actually
are as it is our moves that initiate MM moves) - Look at how I
assess tuesdays trading: s=sell b=buy (shareholders view):
b 0.3000 2,000 Tue05/25/1999 03:48:30PM
s 0.2800 2,500 Tue05/25/1999 03:48:30PM
s 0.2700 10,000 Tue05/25/1999 01:22:00PM
s 0.2800 5,000 Tue05/25/1999 01:21:20PM
s 0.2900 20,000 Tue05/25/1999 12:09:10PM
s 0.3000 5,000 Tue05/25/1999 12:08:20PM
s 0.3000 5,000 Tue05/25/1999 12:07:50PM
s 0.3000 800 Tue05/25/1999 12:07:30PM
s 0.3000 5,000 Tue05/25/1999 12:05:50PM
s 0.3100 35,000 Tue05/25/1999 12:04:40PM
s 0.3000 10,000 Tue05/25/1999 12:01:30PM
s 0.3000 1,300 Tue05/25/1999 12:00:10PM
s 0.3200 3,500 Tue05/25/1999 11:59:40AM
s 0.3300 10,000 Tue05/25/1999 11:56:20AM
s 0.3300 10,000 Tue05/25/1999 11:55:20AM
s 0.3300 9,000 Tue05/25/1999 11:54:20AM
s 0.3300 11,000 Tue05/25/1999 11:53:00AM
s 0.3300 15,000 Tue05/25/1999 11:48:50AM
s 0.3300 3,000 Tue05/25/1999 10:48:40AM
s 0.3300 5,000 Tue05/25/1999 10:47:30AM
s 0.3300 5,000 Tue05/25/1999 10:38:20AM
b 0.3500 500 Tue05/25/1999 10:02:40AM
You really cannot blame MM's for walking it down
can you ? - Actually took some time before the
b/a moved!!
Selling was IMO those looking for a very short term gain.
Used to have a link that showed last 10 trades, and related
them to quote at bid/at ask - cannot find it in all the 100's
of links - have to clean up my bookmarks :-(
Kr
Jens |
