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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (16246)	5/5/1998 8:38:00 AM
From: ivan solotaroff	Read Replies (1) \| Respond to of 79378

James: Interesting. The Ask was 9 1/4 no longer two or three minutes at any point after 3 pm yesterday, until they flattened the spread to 9:9 1/4 just at the close. I asked, because I'm trying to see what the specialists are aiming at: They're usually big holders, and if you can read them you can sometimes get a slight short-term premonition. I don't know what to say about add or bail: With the resistance we saw yesterday at 9 3/8, this could easily whipsaw below 9 this morning. After that, I've got to think a rebound is in order, but I might be gone before then. Ivan