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To: mishedlo who wrote (11305)3/8/2001 3:47:37 AM
From: Yamakita  Respond to of 13572
 
Mike, again pardon the neophytism, but if institutions are selling heavily, the price of stock is obviously dropping. Prices have risen the past three days--more buying than selling, most of it driven by institutions (as is the case in both directions)

What made me ask the question was your response to Hank,

"Hank my point is that in this market, thaey can sudedenly gap these babies down and down big, if it nothing more than distribution holding them up."

How does distribution--big selling--hold something up? Big selling = big price drops. What am I missing?