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SPIN

04/28/04 2:00 PM

#39297 RE: Snackman #39294

block selling does not suggest an MM "step aside."

Snack, maybe you actually believe what you post, but the chart strongly suggests otherwise.

it ain't some walkdown on 100 share mirror trades, this is concentrated selling:

http://139.142.147.22/GifChartEngine.dll?interval_day=6&cus=0&indexSymbol=&securityType=...


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howard_b_golden

04/28/04 2:09 PM

#39298 RE: Snackman #39294

Snackman, have you ever considered the possibility that the Wavoids are the market makers?
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not_til_2005

04/28/04 2:25 PM

#39304 RE: Snackman #39294

snackman, do the m-m's govern proportion of buyers/sellers AND the price at which they're willing to execute their trade?

i don't doubt the m-m's influence the price, especially when volumes are anemic BUT, a dropping price is a dropping price and, CLEARLY, there are not enough buyers competing for available shares for sale.

is this so hard a concept to grasp, or am i totally confused? set me straight if you will snackman.