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To: e. boolean who wrote (20466)10/7/1998 10:25:00 AM
From: OtherChap  Respond to of 164684
 
>A 40,000 share buy above ask at 10:14, followed immediately by a >fall-off. Who the heck was that?

it was probably a sell, the bid and ask could have moved around it while the MMs executed it. the selloff immediately afterwards was just the "result" of that trade finally going through



To: e. boolean who wrote (20466)10/7/1998 10:28:00 AM
From: IceShark  Respond to of 164684
 
e.b. A nice little trick to confuse tape watchers when a stock is being unloaded is to delay reporting of the trade by many seconds or even a few minutes. Another thing is this is a daq stock, so there are inter-MM trades going on to square positions. Can make it confusing on a loony stock like this.

Regards, IS


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