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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (15301)	2/27/1999 2:57:00 PM
From: Nazbuster	Read Replies (1) \| Respond to of 122087

Anthony, I trade through Dreyfus and sometimes I see my orders show up on HRZG and other times on NITE. Sometimes they post quickly, and other times I think they are sitting on the order to see which way the wind is blowing. I've had times where 2 minutes go bye without seeing my order. I usually cancel it thinking I'm about to be screwed by a trade going off just before the tide turns in the other direction. I'd be paranoid about this, except that lately I've been given very favorable trades (better than I've asked for), especially on the short side. Do the brokerage houses and MMs really have time to play with these trades to the detriment of the trader?

To: Anthony@Pacific who wrote (15301)	2/27/1999 3:32:00 PM
From: genejockey	Read Replies (1) \| Respond to of 122087

Anthony, any thoughts on 35K block OMGA trade at 13 1/4 My time/sales display says that the transaction went off at 4:17 PM EST on Friday, but I have to believe that it was a late entered trade since all the after hours trades were going off at around 11 1/2. (By the way, is it easy and common to enter trades late?.. any rules on that?) What's striking about this 35K trade is it's size (largest of the day) and the fact the 13 1/4 price is the high of the day. I also looked through the Time/sales record and found that if I totaled all the other prints at 13 1/4 for the entire day, the total only came up to 6,600 shares. So you have this block trade that is 5 times bigger than all the other trades at the day's high combined. It seems confusing that anybody would have bought so much at that point unless they were scammed. When you see a trade like that, could it mean that some broker had a bunch of OMGA cheap, but then sold OMGA to one of their customers very high and pocketed the difference? I can't think of anybody in their right mind who would have put in a 35 k buy order on OMGA at 13 1/4, so I'm figuring that trade represents a scam of some sort. Thanks---- Not Howie P.S. If you have the time, keep an eye out for OMGA MM's RAJA and LEHM on Monday, they're acting funny.