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To: Neil Wicker who wrote (23888)1/2/1998 4:57:00 PM
From: Martin P. Smith  Respond to of 41046
 
Neil, it's not your imagination this has been happening for a while.
Look at the last 1/2 hr of todays log.

3:57:36 8 1600 4.000
3:52:17 8 900 4.093
3:45:38 8 1500 4.125
3:41:09 8 1500 4.125
3:40:00 8 1000 4.000
3:38:58 8 4.000 - 4.093
3:38:44 8 1500 4.125
3:38:38 8 3200 4.031
3:38:29 8 3000 4.031
3:38:24 8 4.000 - 4.125

We have 6200 at 4.031 and they lower the ASK?

Actually after looking at the log more closely
they could be sells with the change
in bid being the MM changing before they do
the trades.

Martin