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To: Tony who wrote (1114)12/16/1997 7:02:00 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 6654
 
Tony,

One of two things or both could have happened as I see it.

1. People playing BB's have a saying "Buy on Rumor, Sell on News".
2. Somebody mentioned a short MM that go caught so they go on the ASK and force down the BID after the morning buying spree. Some of the weak paniced and sold.

If you look at the T+S there wasn't much volume while in the .030-.035 range.

JeffG