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To: CanynGirl who wrote (1143)5/19/1999 4:38:00 PM
From: Lou Weed  Read Replies (2) | Respond to of 10027
 
Some excellent posting lately.....learning a lot from reading this stuff. Just one question though, am I correct in assuming that this type of manipulation is legal??? The premise of the SEC is that we're all on an equal footing here, but from what I'm reading it's pretty obvious that these houses are manipulating prices for there own profit. Thanks in advance.

MON.



To: CanynGirl who wrote (1143)5/19/1999 4:49:00 PM
From: Joseph F. Hubel  Read Replies (1) | Respond to of 10027
 
I was certainly happy to see today end. I knew something was wrong when I saw the bid move down hard on little volume. Three time in the early morning it was hammered down hard and kept there. Had the stock just had a big run up, I might have expected it.

I bought more at limit 70 5/8, but perhaps should have canceled/waited when I saw all the buyers lined up at 70. Hopefully by next Monday I will be glad I added the extra shares.

I can't remember ever seeing all the OLB moving at odds with NITE either.

JFH