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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: Tim Luke who wrote (58377)	9/10/1999 11:45:00 AM
From: bobby is sleepless in seattle	Read Replies (2) \| Respond to of 90042

Tim...LCAV Earlier today, watched the action on L2 as the mm's were dropping aside on little volume to let the price fall to 6 3/8 only to have a large block sale of 230900 take place...after the fact, the price has moved back to its normal levels. My question? How can the mm's work in concert to allow for this? Is this not a viloation of SEC rules? Or maybe I'm reading into this too much?