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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (9628)	5/21/2001 3:25:34 PM
From: Logain Ablar	Respond to of 19633

Had breakfast with a retired engineer from UTC this AM. He also indicated platinum is a catalyst in fuel cells. UTC has a fuel cell division (part of Hamiliton Standard division) and has been providing fuel cells to NASA.

To: Tom Hua who wrote (9628)	5/21/2001 3:28:49 PM
From: Paul Kern	Read Replies (1) \| Respond to of 19633

Tom, If I remember, most platinum is used in catalytic converters for cars, so, I would think, its price depends on how car sales are going. Paul

To: Tom Hua who wrote (9628)	5/21/2001 4:12:32 PM
From: Brad Davies	Respond to of 19633

Tom, I wonder if perhaps you, or someone else on the thread, may be able to enlighten me on a question I have. In watching the action on level 2, I note that many times just after the close, there are a series of trades put through. These trades are typically for large blocks, and most often come in identical pairs. For example, on WEBX, precisely at 4 pm, two identical trades of 25000 shares at the closing price. On WEBM, once again precisely at 4, 2 trades of 15k, 2 trades of 6k etc. The pattern holds on many stocks (today on RVDP, DIGX, FMKT etc). Is this MMs crossing inventory or is something else going on. If it is inventory crossing, what would that indicate. Any light you or anyone else can shed would be appreciated. Thanks