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Revision History For: Reading Level II

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Return to Reading Level II
 
Please post how you read Level II. Everyone says it's a must for daytraders, but how do you tell a short term move?

To me it's just a bunch of quotes running by. I know about "depth" of the quotes but can make no sense of it.

I do like to look at when a firm upgrades/downgrades a stock to see if they are on the bid or ask all day.

Thanks

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