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To: Jack of All Trades who wrote (5220)2/2/1999 10:52:00 PM
From: Steve Hufnagle  Respond to of 99985
 
Trading Imbalances
From: Jeffrey C. Garland Tuesday, Feb 2 1999 2:06PM ET
Reply # of 5260

Could this not be index funds rotating some money out of the highly valued stocks in the index and rotating the money into fairly valued stocks in the index to protect their profit/risk?

Jeffrey and Doald,
Just wondering what you think of what happened to SCI today with the trading imbalances reported? Could this have been profit taking by Institutions that bought SCI at lower prices?

Were there other stocks today that had trading halted?
What does this tell us about those stocks or those sectors?