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To: JRSwails who wrote (27971)5/12/1999 10:36:00 AM
From: FREAKAZOID  Respond to of 44908
 
Who shot JR--> I am not really sure of the exactness of any ones opinion of this matter, but the closer the spread the better..or less volatile. Wide spreads scare people away. With a tight spread a "trader" can feel better when he buys a stock that the spread won't kill him when he sells. Maybe the MM's want to buy shares, maybe they want to sell shares, it is a very difficult thing to figure out on the spot, and is usually just a guess.

Maybe someone with a little more knowledge on the subject could give a better answer. sorry I know this probably was more confusing than helpful

freak!!



To: JRSwails who wrote (27971)5/12/1999 10:41:00 AM
From: FREAKAZOID  Read Replies (1) | Respond to of 44908
 
20k buy at ask and we drop the ask to .255 now .254 x .255 it is near impossible to get tighter than that.