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To: Lawrence Burg who wrote (4798)1/21/1999 12:51:00 AM
From: Jimmy Dunn  Read Replies (1) | Respond to of 9824
 
Yeah Lawrence, I sort-a expected that. But the MMs
don't have much more room to move. All morning
long it was asks that they filled, but all at once
they ran out of steam. Tomorrow, if buyers start in,
which I believe they will, MMs will have no control.
If this was an interesting day, wait until tomorrow.



To: Lawrence Burg who wrote (4798)1/21/1999 12:53:00 AM
From: Lawrence Burg  Read Replies (2) | Respond to of 9824
 
Had to prove it to myself...

0.1M sold below the bid.
1.3M sold on the bid.
0.6M split the spread.
3.6M bought on the ask.
1.2M bought above the ask...:o)

Even giving the splits to the downside, still leaves a 5:2 ratio of buys to sells...sumpin' smell funny...


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