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Strategies & Market Trends : DAYTRADING Fundamentals
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To: marketbrief.com who wrote (4097)9/16/1999 9:35:00 PM
From: Matthew L. Jones  Read Replies (2) of 18137
 
Rick,

I have often viewed the ISLD, INCA, ARCA (the ECN's) as being legit orders as to size and price whereas MM's much like specialists on NYSE never show real size. That being the case I have always thought that the ECN's were the only way to get true "market depth" information. If I'm reading you properly, you are saying to fade the info I read by the ISLD book??? Is that correct?

Matt
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