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Non-Tech : The Children's Beverage Group (TCBG) -- Ignore unavailable to you. Want to Upgrade?


To: Cavalry who wrote (1683)8/25/1998 12:11:00 AM
From: Steve Cox  Respond to of 2452
 
Lemon Head,

Using gambler's chart is impossible to differ between buy or sell without the current B/A at time of trade.
I watch www.quote.com all day (not today though). It's free and shows a 15 min delay of trades on a cascading waterfall type readout. Click on the chart while viewing the waterfall display of trades and you can see the current B/A. About 90% of the trades are at the bid or ask and you can tell therefore if it was a buy or sell. Some are in between and if the price changes (constantly updating price chart beside your trades) then you'll know which way it went.
What I take from watching these trades throughout the day is that some days there are large blocks (5000-10000) traded at bid with little price movement up, then a few small blocks (<5000) and the price moves down. Doesn't make any sense. Maybe Sai's
(MM's /shorting) theory makes sense, don't know.
I still believe in the company and don't plan on bailing.
Steve