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To: orkrious who wrote (12464)1/9/1998 7:26:00 PM
From: diana g  Read Replies (1) | Respond to of 25960
 
Jay, Thank you for your observations on that brief price/volume jump.

I envy you the Level II!

Do you think SOES traders are keeping in mind Short Interest and are poised to buy and profit from short covering? Or is this outside SOES traders' frame of reference?

If you had a very large short position, what would be your strategy to cover?

Best Regards,

diana



To: orkrious who wrote (12464)1/11/1998 10:00:00 AM
From: Robert DeHaven  Read Replies (1) | Respond to of 25960
 
Jay: On Level II watch the trader who crosses 5k most days....if he hits the bid its a short and the stock goes down if he takes the ask the stock rises.....On Friday only trades was at the ask at 15 3/16...shortly thereafter the stock rose to 15 7/8....

Good luck,

Bob


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