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To: Sarmad Y. Hermiz who wrote (46123)3/17/1999 10:10:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
The open volume was 26k at $131. Negative. The per minute trading volume is very low.
Means traders are waiting for direction from big players. It could go either way. But as
long as volume stays low, price will drift down. Perhaps to the support levels that Mark
indicated. I am letting my short shares run. But will cover partially at $128.


Sarmad,

It is clear that the big players are not playing. Maybe they are waiting for the beige book?

Glenn