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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: kendall harmon who wrote (53474)8/16/1999 11:38:00 PM
From: kathyh  Read Replies (1) | Respond to of 90042
 
kendall, my understanding of the large block trades is that a trade at the bid or even below does not necessarily indicate if it was a buy or a sell...

i think a block that large would almost always get some type of preferred price...

if i'd been watching mf i might have a better idea, but even that is not foolproof... for every buyer there is a seller and so on...

kathy :)



To: kendall harmon who wrote (53474)8/17/1999 4:33:00 AM
From: Tradelite  Respond to of 90042
 
Kendall....you should be watching the action on HOMS, if you want to see huge price moves with little buying and selling action.....which is the reverse of almost no price moves after huge buying or selling action. We little people have no way of knowing what manipulation or, hopefully, legitimate behind-the-scenes action is going on with the stocks we are watching, sometimes.