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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: BarbaraT who wrote (53479)	12/29/1999 8:01:00 PM
From: If only I'd held	Read Replies (1) \| Respond to of 108040

Barb, Re: TRGA, I don't know if you noticed this or not, but when I was referring to daytraders, I meant they decided to take some profits. That was why the bid dropped. The fact is, the spike was caused by a call-in order (as I call them). I lost count, but it looked like the order was for about 100,000 shares. There were a couple large blocks, which I pointed out, and then quite a few smaller blocks. There were absolutely no daytraders on the bid, and the bid did not move right with the ask. Somebody bought a large chunk of the stock today. The bid dropped because some profit-takers showed up. Sherwood was hot on the bid the rest of the day though. I'd sure like to see a few more trades like that go off. Here's to next year!