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Strategies & Market Trends : Level II Trading

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To: ExCane who wrote (119)2/8/1998 8:39:00 PM
From: Leland Charon   of 1086
 
Alex,

I too have access to Level II although I do not believe that it is the holy grail. I do know who the big MM's are in the stocks that I normally trade and like to keep track of where they are before buying or selling. I do not believe that one can be successful buying and selling just based off of Level II action. The MM's are a very intelligent group and can outsmart even the most senior traders.

Leland
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