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Strategies & Market Trends : DAYTRADING Fundamentals
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To: sherry who wrote (24)6/6/1999 1:32:00 AM
From: Tai Jin   of 18137
 
I've also been told that watching T&S can tell you a lot. One thing that it can tell you is what the big money (large blocks > 5000 shares) is doing. I guess it's best not to bet against the big money. But I rarely look at T&S. Instead, I watch the color coded ticker which shows all trades like T&S, but trades that are higher than the previous trade are colored green and trades that are lower are colored red. This makes for a quick visual check on the direction of the stock. When used in conjunction with level 2, you can follow the momentum.

...tai
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