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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Petz who wrote (110034)5/10/2000 12:39:00 AM
From: Charles R  Respond to of 1577112
 
Petz,

<I also noticed at one point today there was a bid ask spread of 0.5 points with these little orders going through.

It appears the market makers were just dropping their bids and picking up shares from the little guys who were panicking on the way down.>

For AMD that would be specialist and not "market maker", nonetheless, I see what you mean.

Chuck



To: Petz who wrote (110034)5/10/2000 1:01:00 AM
From: chic_hearne  Respond to of 1577112
 
Re: I've begun using the SI real time quote window

John,

Don't take anything from what SI has to offer.

About a year ago when I was out in little d I went to a "true" daytraders place where I witnessed the real time stuff they had available to them. If you really want to make anything of real time action, you need the type of quotes that day traders get.

Personally, I don't day trade or make much out of intra-day swings, but if you want to analize what's going on you should be looking at the best available real time qoutes.

For a stock with low volume like AMD, real time trades might not be worth much. The big boys control the moves in AMD and from what I've seen, they don't react quick. Take today for example, AMD tanked very fast. Then, there were big orders at the end of the day.

One can only speculate what the big orders at the end of the day really meant, but I think it took the big boys some time to put 2 and 2 together to realize there was a buying opportunity. From a common sense point of view, you're a fund manager and see AMD has tanked off of no news, you react late in the day and make some buys. I think this is what happened.

Who knows, I'm not a "big boy" on wall street and I don't think any of us are...

hearne