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Biotech / Medical : XOMA. Bull or Bear? -- Ignore unavailable to you. Want to Upgrade?

To: aknahow who wrote (10768)	7/13/1999 4:41:00 PM
From: Arthur Radley	Read Replies (1) \| Respond to of 17367

As of late it appeared that XOMA was having a lot of activity near the end of the trading day. Today I made it a point to watch and plot the individual trades in the last 10 minutes of trading. What I saw was absolutely fascinating to watch. Starting at 10 minutes to closing, the volume of about 410,000 shares, and trades were going over at the 3/8th-13/32nth price levels on a sporadic basis. As we neared the actual close a few trades hit a 7/16th and then BOOM---just at the close the tape was running wild(IMO)with trades a 1/2. In these last 10 minutes about 80,000 shares traded on increasing price levels. I'm just an "Ole TexasDude", but IMO the smart money is stepping to the plate at the close with a concerted buying plan for XOMA stock. Now with this stated....watch tomorrow and the close will bring a sell-off. (:>)