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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: MaxDamage who wrote (63464)	9/30/1999 2:26:00 PM
From: Bryan	Respond to of 90042

Just watching it (CS) trade is interesting. You are right about the MM's. But it looks like the bids are lowering now. The chunky offers are still there (they are not getting spooked). There is a fairly tight spread in this but an awful lot of toying around as well by the MM's. It's very obvious. kath, I stated a while back that in a simple trend-line analysis, the break of this uptrend could push CS down to the beginning of the big run up that started several weeks ago. That base seems to exist around $11. I look at this very short-term. I also trade a lot of options, so while the takeover that you guys are playing out is interesting to me, I admit that it is not part of my agenda. Wish you the best of luck though, and I must say that you do a decent job of maintaining the cohesiveness of the thread in Tim's absence. bk