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Strategies & Market Trends : Level II Trading

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To: DRRISK who wrote (143)	2/10/1998 8:36:00 AM
From: ExCane	Read Replies (1) of 1086

Doc- In your post- "BTRD was hammering the ask all day with large blocks" shows one of the major problems with Level2, in that BTRD is used by the MM's and others similar to Instinet. What in the world are you going to gain from watching BTRD? Maybe the buyer,seller will be using them today, may be done , may be going the other way, who knows? Hammering the ASK? Good luck. -Alex

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