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To: John M who wrote (7967)8/27/1998 12:56:00 PM
From: ChrisJP  Respond to of 14347
 
I'm looking at a 15 minute delayed quote, but isn't it interesting that they bring the bid down every 5,000 shares but keep the ask the same ?

It usually takes 50,000 to move the bid or the ask. Not trying to draw any conclusions, other than MMs are obviously trying to take advantage of the selling.

Regards,
Chris

BTW from my perspective, my stocks jumped out the window 2 months ago, no need for me to jump today.



To: John M who wrote (7967)8/27/1998 12:56:00 PM
From: Charliss  Read Replies (2) | Respond to of 14347
 
<Is it time to jump out the window yet?>

Only if one is confused about one's identity. Someone who thinks that she IS her stocks or IS her money might do that.



To: John M who wrote (7967)8/27/1998 2:17:00 PM
From: T.R.  Respond to of 14347
 
Not now when we're so close.

IMHO this is either the "blow off" the market was looking for or we're very close to it.

T.R.