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To: ALL IN PAUL who wrote (2969)3/28/1999 5:51:00 PM
From: Bert Zed  Read Replies (2) | Respond to of 6180
 
Interesting link but the data looks suspect I think. Thats assuming an S is a sale, but a sale by the investor or the MM?? On the day of the 3.125 high all those S's pushed the price up to the high so they must be a sale from the MM to the investor?

If what you are saying the MM's must be holding inventory because they may know that the price is going to appreciate. But normally they raise the price on bugger all volume.

Ron Reece, any thoughts on recent price action?

bert