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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Bilow who wrote (4069)9/16/1999 6:21:00 PM
From: marketbrief.com  Read Replies (2) of 18137
 
hi carl, I have never used Level2, but since I started using Qcharts a few months ago I have had the opportunity to watch the ISLD book, and though I haven't watched it very closely I have one simple (-minded?) observation... when bids disappear from the book it is NOT a sign of weakness but strength; similarly when offers dry up it is a sign of weakness, not strength... I wish I had an example to share with the group... maybe I will in coming days. This is probably nothing new to Level2 players who are shaking their heads and saying "duh!" ;-0

~Smart$
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