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To: InOverMyHead who wrote (437)7/30/1999 12:51:00 PM
From: Eric Fader  Read Replies (1) | Respond to of 818
 
The bid and ask are independent concepts and generally not the same MM. If one guy is bidding for 200,000 shares, and only gets 100,000 sold to him, he'll remain on the bid. If the guy on the ask has only 5,000 to sell, and someone buys 5,000 from him, he'll get out of the way and the ask will go up. Very simple.