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Technology Stocks : Trading TAVA -- Ignore unavailable to you. Want to Upgrade?


To: Rich Dee who wrote (303)5/7/1998 9:45:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 655
 
At the opening this morning the bid/ask size ratio was 5 x 25 indicating more sellers than buyers.

The next click I went for on RTQ about two seconds later then showed 5x5.

My analysis?? Someone was trying to stomp on the opening price or had a panic sell order in, and then suddenly removed it(got filled?). The ask went from 3/4 to 11/16 almost immediately narrowing the spread.

Today's action should be crucial to determining short term direction.

Regards,

Ron