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Biotech / Medical : IFLO is Breaking Out -- Ignore unavailable to you. Want to Upgrade?


To: Casaubon who wrote (961)5/6/2000 8:13:00 PM
From: Sergio H  Respond to of 1018
 
<Your implication is that the market maker sold the stock because it will go down. >

Casaboum, I didn't imply anything. I made an observation that there were two large block sells. Thanks for clarifying. I am also long the stock.

<So, at least in the short term, the market maker is on the wrong side of the trade.>

I don't think that is the case. The MM is rarely on the wrong side of the trade. MMs keep a running supply of stock
in order to maintain a market and is very likely selling shares taken in at a cheaper price.

<obv, stochastics, trend>
Thanks for your technical OBSERVATIONS.

Sergio