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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Lennart Steiner who wrote (1160)1/28/1999 2:48:00 PM
From: Stock Watcher  Respond to of 52051
 
Lennart; on DCHT; all day long SirAlex, StockM and I have been scratching our heads over the bizarre behavior of the MM's. As far as I can see, if you don't pay the ask; they're not going to fill your order.

The ask was at 1.28 for most of the day. Please remember, we're in the BB pit; and a pit it is....welcome to the thread....sw



To: Lennart Steiner who wrote (1160)1/28/1999 3:01:00 PM
From: SirAlexx  Respond to of 52051
 
You are competing with another buy order for 10,000 at 1 1/8, and another smaller order at 1 1/4.

MM's do not have stock, and they have learned their lesson about getting short this one.

WARNING:

That is my humble opinion.