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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (8900)11/21/1997 4:31:00 PM
From: John Hunt  Read Replies (4) | Respond to of 18056
 
Tommaso,

I think it is just the excess of shares bid over shares asked (or vice-versa) at the close.

I feel like I need a course this weekend in the 'new math' to reflect the fact that up is now down and down is now up. As someone said on one of these threads, it's Alice in Wonderland.

:-))

John




To: Tommaso who wrote (8900)11/21/1997 10:08:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 18056
 
Tommaso, BUY meas they need to by at the close therefore it is an upside bias toward the close, which will reverse on Monday.

Haim



To: Tommaso who wrote (8900)11/22/1997 12:15:00 AM
From: Simon  Respond to of 18056
 
<<< closing imbalances tell us? (I never knew there was such a thing or what it indicated.)>>> Never heard of that before. Very strange unless related to exercising options.


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