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To: Mr. Miller who wrote (1030)11/10/1997 9:51:00 AM
From: Brian Pastor  Respond to of 4571
 
Very bullish this morning. Also noticed that the number of limit order sells waiting to execute has shrunk quite a bit from last week. See isld.com It would be very positive to break into a new 52 week hight today. I would put a 65% probability we hit a new high today.



To: Mr. Miller who wrote (1030)11/10/1997 9:52:00 AM
From: sailor  Respond to of 4571
 
In the first 15 min only 100 shares traded by 1 15/32 all others at 1 1/2, but we couldn't break 1 1/2 and there are still orders to sell on the books at 1 1/2 that weren't touched! Still a long road to break 1 1/2

Sailor



To: Mr. Miller who wrote (1030)11/10/1997 9:57:00 AM
From: DDS-OMS  Read Replies (1) | Respond to of 4571
 
I think you've got it backwards--14,800 sell orders vs 500 buy orders is not bullish. Want the ratio to be the other way around. At 9:50 it is 23X143= 14,300 offered for sale at 1 1/2 and 2300 willing to buy at 1 7/16.