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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: kathyh who wrote (18297)	3/18/1999 4:54:00 PM
From: EightyEight	Respond to of 90042

Kathy, I saw the same thing at the same place:)EOM

To: kathyh who wrote (18297)	3/18/1999 5:13:00 PM
From: Tim Luke	Read Replies (3) \| Respond to of 90042

<What did you mean when you said the specialist took it down to 28 for a buy? Did you see large blocks of sells going through also? > the stock fell on very small sells and then when it hit 28 the specialist filled almost 300,000 shares in blocks within 30 minutes.

To: kathyh who wrote (18297)	3/18/1999 8:38:00 PM
From: Don Pueblo	Read Replies (1) \| Respond to of 90042

Kathy, a Specialist is the guy on the floor of the NYSE that performs the same sort of function as the market maker on the NASDAQ. The Specialist stands at a "post" and facilitates the trading in "his" stock, sometimes buying and selling in his own personal account to "maintain an orderly market" in the stock. To understand more about what happens when stock changes hands, read: #reply-4662757 and bookmark this thread, it's really helpful: Subject 18891