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Re: jonesieatl post# 148797

Wednesday, 09/17/2008 11:01:08 AM

Wednesday, September 17, 2008 11:01:08 AM

Post# of 326350
Again, Jonesie, you don't know that, and you can't know that. That just as legitimately could have been a retail buy against a MM's inventory. The 'guideline' of determining the buy/sell side by its proximity to the bid or ask is just a way to estimate the averages. MMs holding a lot of inventory don't always fill orders that way.

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formerly cloud8, but I'm much farther from cloud9 at this point.