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03-02-2007, 11:59 AM
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tape reading question
Convinced that this "correction" still has a way to go. I have some puts on the IWM (R2K etf).
Watching the Tlime and Sales of IWM, I noticed two buy trades, one minute apart. Each was for 1,001,400 shares ($78,000,000) at 78.5676+ ( ask was 78.13 at the time). 8:28 left-coast-time The first thought that jumped into my mind is that the same trade was captured twice by the system. If they screw up on $78M trades, how accurate is the rest of the data? Was it a real trade at all? Why did they pay $400,000 more than the ask? Buck 
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