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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?

To: Papillon who wrote (839)	5/7/1998 11:12:00 AM
From: Papillon	Respond to of 3458

Did anyone notice the unmistakable indicator that the price of TRBDF was going down this morning? It wasn't even a very large trade, but the same pattern as before repeated itself. The Ask was at 9, the high for the morning, and 5k traded at 9.0625. The Ask never rose to that level. Immediately the bid dropped and within 30 min the price was down a quarter to 8.75. It occurred again a few minutes ago, when the Ask was 8.75. A trade crossed at 8.8125 and within a few minutes, after a couple of trades at higher price, the bid dropped, without any trades at the lower level, then the ask came down, trades at the bid followed and the price was down. I have no idea what the stock will be trading at 20 min from now, but when you see a trade above the ask it's coming down and when you see a trade below the bid it's going to move up. This has been happening regularly the last couple of weeks and it has me puzzled. Someone who knows more than I do, who would be almost anyone, please explain this to me. Thanks John