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Strategies & Market Trends : DAYTRADING Fundamentals
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To: marketbrief.com who wrote (4097)9/16/1999 7:24:00 PM
From: Maarten Z   of 18137
 
Have to agree with Rick on ISLD book

I always use it in conjunction with L2 and if I am looking to enter a stock I like to see some strength on bid side of the ISLD book. For ex. on L2 ISLD is on inside bid @ 20 with
1k. Below is GSCO at 19 15/16 1k. I would look to ISLD
book to see the other bids. I would see the 1k @ 20 and
if there is a whole bunch sitting with GSCO at 15/16 then I see strength. If they disappear that means they are being
cancelled (not a good sign)

MZ
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