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To: Diddlysquat who wrote (3299)	8/5/1999 5:27:00 PM
From: E. Davies	Read Replies (1) of 17977

I can't trust level II information anymore Welcome to the world of the Market Maker. The size they post is often not the size they actually are willing to trade. Sometimes a MM will bid 100 shares and absorb 20,000 shares of selling. Sometimes he will post a huge bid and pull it after one trade. They do it so that you cant figure out what they are planning. Trading is war. Eric

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