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To: M. Carver who wrote (6714)12/31/1998 1:27:00 PM
From: Mark Buczynski  Respond to of 8359
 
So far it is 1/8 ..... If memory is correct the day before Thanksgiving we were facing the same type of scenario....

Gloom and doom fairytale from Bungleberg....light volume....traders taking off early for the holiday ...then the last 30 minutes of trading a wash of 100 to 2000 share sells came streaming in from nowhere.....almost as if it was planned....with almost everyone gone....the price dropped appx $1. Will we see this today? who knows......Bloomberg?



To: M. Carver who wrote (6714)12/31/1998 1:58:00 PM
From: John S. Baker  Respond to of 8359
 
"it's impact as of 12:45 PM is a whopping 1/8 of a point?"

And on pretty low volume, too. Empirically, it would seem that the low volume, alone, might account for the 1/8 point drop.

JSb.


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