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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: ivan solotaroff who wrote (24526)12/21/1998 4:29:00 PM
From: DanZ  Read Replies (1) | Respond to of 79270
 
ASHW.

Ivan,

With regard to post #24523, it is doubtful that MASH was shorting for his own account. Market makers don't usually carry positions overnight. It is more likely that he was working a large sell order for a customer.

The quote condition was down when the 50K block traded so I don't think it was a short sale. You can only short stock on an up tick.

I'm not real happy about the weak close today but at least it held yesterday's low.

Dan