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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: tracy chelepis who wrote (4414)3/20/1997 1:30:00 AM
From: C L   of 35569
 
If you have level 2 service, you can see the trades as the MM's see them. It shows who is in the box and their bid and ask. It also shows you the trades with price and size as they are made. It's easy to see who is doing the buying and selling. Some of them trade long, some short, and some are switch-hitters. At one point early day, Fiero was doing a lot of buying -- mid-day as the price rose, they started selling heavily again. Sometimes the usual shorters will be sellers while their cohorts are buying. It can get confusing as it can change rapidly. The service costs about $300/month. Fast traders like the service as you are aware of everything as it happens.

C L
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