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To: dusty who wrote (4611)1/14/1999 11:36:00 PM
From: Lawrence Burg  Respond to of 9824
 
Gosh, thanks. But, I wouldn't be thinkin' so much if it weren't for Isoman.

Gotta admit, too, that I've always been impressed that this thread has stayed active and mostly intelligent throughout the past few months. My compliments right backatcha.

Here's what I see from today's log...I threw out trades that split the spread down the middle...
1.82M sold on the bid including large(>100K) blocks of 375K & 200K @ .03.
1.54M bought at the ask including 250K @ .039 & 250K @ .034.
580K managed to split the spread to the low side or below the bid.
340K managed to split the bid to the high side or above the ask.

Trade logs going back show a beautiful demand acceleration on Monday's initial run from .015. Wednesday seems like they were really toying with the action, as there were numerous instances of steady demand on the ask w/o reply in adjustment to the spread.

Overall there are more buys on and towards the ask. There are still some large blocks that continue to sell off. Hard for me to believe people would actually trade at these levels, but except for the price, the game may not change that much.

I will continue to hold (nickel+), as the wider pressure is on the buys and Mr. Tilton promises (fwiw) more good tidings.