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

To: steve goldman who wrote (2407)	1/22/1998 4:12:00 PM
From: IKM	Read Replies (1) \| Respond to of 4969

Hi, Steve, been a while. Can you offer a hypothesis on this trading action? YHOO was very slow today, drifting down the last three days in stairstep fashion. Several times this afternoon, 200 to 500 shares would print above the ask, then the b/a would move to the outside of the print. Very little action just before 4:00. The very last trade was 100 shares, and kicked it up a 'teenth. Then in the three minutes after 4:00, around 30,000 shares traded at the closing price. Is that the MMs settling amongst themselves?