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Technology Stocks : Netro Corp - (NTRO) -- Ignore unavailable to you. Want to Upgrade?


To: mact who wrote (440)10/19/1999 5:21:00 PM
From: kami  Read Replies (1) | Respond to of 792
 
That is why I am still holding and
did not sell in last run up. I added
some at 23 3/4 today.



To: mact who wrote (440)10/19/1999 7:24:00 PM
From: Secret_Agent_Man  Respond to of 792
 
an Observation followed by comment"by: tomeegun8
I saw Merryl Lynch on Level two quotes at the bid all day today, buying up stock that he was pressuring down at the offer. I'm not sure how to interpret it. He shows presence at the offer. Sells a little and then fades back as the price moves down. And then he is there buying it all up. Why does he do this. He was buying a lot and only selling a little. I think I know why but I'm asking for opinions. God
bless.
"

my comment

This is exactly how it's done you pressure the stock down while fainting the sell then fade back and let er drop as investors sell, you grab all u can and repeat until satisfied...yesterday was a classic case today was simply more of the same. as I said late last pm...Let's try and consolidate before the next move up...

btw, the close was on 100 shares...two lots of 100 shares were thrown below the bid.....