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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (7417)3/27/1998 2:21:00 PM
From: Robert Graham  Respond to of 42787
 
I thought the MMs had something to do with this based on the price action that I saw which happened after a bout of selling that entered the picture I think at about 1 to 1:30 P.M. I guess I am learning...rather slowly with respect to the tape.

If I was a market maker, when would I run a stock up? Lets see...I would want to have stock in hand before I did this so I can sell at a higher price. Selling by some players after lunch was no big surprise to me which would help the MM procure a temporary inventory of stock and take care of the players that were ready to take profits off of the table. Then after this selling the MM can help kite the price of the stock into the earnings release that is to come out at the end of the day. Cute, very cute.

Just some thoughts.

Bob Graham



To: Judy who wrote (7417)3/27/1998 2:59:00 PM
From: Michael Rich  Read Replies (1) | Respond to of 42787
 
Judy, WIND got a 2.5 mil block buy at close yesterday.

PFE just got 2 huge blocks in on the ask side...

CSCO got 2 huge blocks on the bid side...

FWIW.