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cloud3

09/17/08 11:01 AM

#148799 RE: jonesieatl #148797

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.