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To: TLindt who wrote (8372)10/29/1998 11:11:00 AM
From: g_m10  Read Replies (1) | Respond to of 8545
 
Looks like MMs are trying to play hard ball again. The last couple of days volume was anemic and volume on the bid side was in 1-10 range for the most of the time, which looks reasonable. On the ask side you could see 100 lots on sale, which never gone even close to that. A MM must honor 10 lots only, the other 90 is used to get the price down.

Tommorrow is the last day of windows dressing. Not only CF, the whole market stuck at resistance. Nobody knows where market is heading from this level. If down, most probably not too much. A. G. is on guard as he proved with his sudden interest cut on Oct.13(14?).

I don't think we'll get too much down from here, but I was wrong so many times. Anyway, we've seen it all. Just no margin this time.<G>
JMHO.