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Gitanshu
Nice post. Would OBV catch this set of block trades vs small trades? By
the way my gut on Intel wa right. It depressed all of us who have many
options on the stock since we work there. Should hav done a put ratio
back spread on my gut when it was in the 60s.
Tim
On Thu, 12 Oct 2000 15:15:04 -0400 "Gitanshu Buch"
<onwingsofeagles@xxxxxxxxxxxxx> writes:
> There was some q'n re who pukes out positions on days like today.
>
> I think today is a living example.
>
> At this time,
> HD total volume = 58 million shares.
> HD block volume = 44 million shares.
> and stock is down 29%.
>
> WMT total volume = 17 million shares
> WMT block volume = 12 million shares
> and stock is down 2.5%.
>
> By comparison:
> INTC total volume 82 million shares
> INTC block volume 18 million shares.
> And stock is up 7%.
>
> Meantime
> C total volume 22 million
> C block volume 16 million
>
> and BKX is knifing thru its 200 day like there was no butter in the
> way.
>
> Gitanshu
>
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