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To: R. Ramesh who wrote (58115)12/30/1999 11:43:00 AM
From: limtex  Respond to of 152472
 
RR -

I think Vol has got a real feel for the drving dynamics of the market.

You can almost feel a short pause in buying and the MMs dropping the bid, in this short pause more selling develops as people get a little scared/despondent and thrown in their stock and the MMs feel the swell and dorp the bid yet again and so on. Until buyers start appearing and then just the opposite do the MMs do.

Can't blame them its their business. But IMHO Vols got it right they do react to the instant feel of the lack of buying pressure.

Best regards,

L