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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Bilow who wrote (5994)	12/11/1999 7:21:00 PM
From: cloudless	Read Replies (1) \| Respond to of 18137

By the way, CORL had some nasty cross action a few minutes later, with LEHM selling huge numbers of shares substantially below the ISLD bid. Bilow, is that what those trades at $25 were? How were you able to see that LEHM sold them. I shorted CORL on the CNBC news and saw what I thought were block trades at $25 when the market was still at about 29 and falling fast. Shortly thereafter it looked to me like many market makers lined up to buy at 28 in large amounts and moved away from the inside ask. And the stock did stop the fall right at about 28 and then bounced back and moved to 30. But what were the trades at $25? Why did they occur. I wasn't able to see the size. T&S was flying by and I was trying to get a buy to cover order in. Cloudless