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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Frank L> Guerrini who wrote (10879)	5/21/1998 11:01:00 AM
From: Robert Graham	Read Replies (1) \| Respond to of 14631

Note how the MM opened the stock low, dipped it further, then unloaded stock higher into the 7 to 8 range. As soon as he unloaded, he pulled the price of the stock back. The "ball" for IFMX I have always found to be one smart operator. By the way, the "ball" is the lead MM that does most of the volume in a given stock. Each stock has its "ball". The rest of the MMs trading the stock tend to spend most of their time following the "ball" in a stock. Some also call this MM the "AXE". Bob Graham