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To: Marc Newman who wrote (7632)1/14/1998 3:24:00 PM
From: Marc Newman  Respond to of 213173
 
It appears that at 7/8 by 15/16, almost every trade is a sell as conservative traders take the max profit they can without gambling that we'll get a push over $20. Now if the MMs are taking all these shares at 7/8 and not dropping the bid back to 3/4, does that potentially indicate that we're going higher soon?

Any other readings of the tape out there?



To: Marc Newman who wrote (7632)1/14/1998 3:26:00 PM
From: Marc Newman  Read Replies (2) | Respond to of 213173
 
perhaps there's my answer, did we just have a 150,000 share buy?


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