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To: Curbstone who wrote (7637)9/24/1998 2:03:00 PM
From: Sun Tzu  Read Replies (1) | Respond to of 16960
 
Then that is bad news. It means the big money is taking advantage of recent retail interest to unload his position. What you want to see is people paying 2~5% above the spot to be assured of a big position.

Sun Tzu

I believe the ask was 11 7/8, I wasn't paying attention to the bid, the trade went off at 11 3/4.

P.S I hope you're using real time quotes.