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To: ronayre who wrote (7444)4/27/1999 8:28:00 PM
From: Moosie  Read Replies (1) | Respond to of 9824
 
FWIW

Did some checking on the buys/sells today and noticed something interesting that may or may not mean anything but I'd love to hear what you all are thinking

from 12:30 to 1 pm all buys (15500) then they drop the ask by a penny at 1:03, then from 1:03 to 1:18 all buys @ the ask (12500) except one sell of 100 shares, after commissions they may have cab fare (if they aren't going far) and again they drop the ask by a penny

I may be dumb but if all the trades are going by at the ask then wouldn't you think they would be raising the ask???

What am I missing here?