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To: GraceZ who wrote (84428)	3/22/2001 7:15:45 PM
From: pater tenebrarum	Respond to of 436258

thanks for the exposition. and yes, the 'get-me-out-at-any-price' effect has has not yet put in an appearance. some institutional buying of SnP puts was in evidence though today, but also some selling (very likely shorting) of same.

To: GraceZ who wrote (84428)	3/23/2001 12:02:38 AM
From: LLCF	Read Replies (1) \| Respond to of 436258

<Price is more sensitive to certain kinds of buying and selling than it is to others. If you have a large block to sell you can keep the price from collapsing by throwing in small market orders to buy in between your block limit orders to sell. The money flow over all can be negative, the blocks can be negative, yet if the small orders are net in the price will hold up or rise. > LOL!! Assuming you have someone to buy your block! DAK