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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: steve goldman who wrote (2298)	1/14/1998 9:03:00 PM
From: The Perfect Hedge	Read Replies (2) \| Respond to of 4969

Steve- In your opinion:Do you think mm's and specialists hold stocks back near options expiration so as not to pay up?GD

To: steve goldman who wrote (2298)	1/15/1998 9:09:00 PM
From: TripleWitching	Read Replies (1) \| Respond to of 4969

Steve Today I was trading PAGE in the early afternoon. I was trying to sell the stock at the time at 10 1/16. The inside market at the time was 10 X 10 1/16. I have time and sales on my computer. The sale of my stock was never done at that price. While my order was out there only 1000 shares a block of 25,000 shares goes off at 10 1/8. How is this possible with the new trading rules in regard to getting best price. There was no way of me knowing which mm executed the trade but I thought that if someone is buying stock at 10 1/8 they would have to take my 10 1/16 first. Can you explain this. Let me just say no time up to this point did the inside market ever show 10 1/8 on either side. TORO