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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (8751)	3/13/2003 7:13:44 PM
From: jjstingray	Respond to of 10157

Agree on the Thompsons information. Totally worthless.

To: ajtj99 who wrote (8751)	3/13/2003 8:11:38 PM
From: Prophet	Respond to of 10157

ajtj, you would not want to use thompsonfn.com to do your day to day trading, as there is always the possibility that on a slow day an "interest to buy" from an institution might not translate to an actual purchase or sale. you can usually tell whether or not the "interest" is real by looking at the distribution of requests on a throughout the trading session. Today, that distribution was even, and significantly higher for selling interest, than it normally is. On a day like today, institutions which also include market makers and specialists) were too busy making money to be putting fake block requests in the market. the interesting thing was that the sell block requests were across the board, primarily in the tech sector. It is possible these sell block requests could had been MMs moving stocks around among themselves to cover the shorts at cost (borrowing0. That could explain why you did not see price movement in the down side.