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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: Autumn Henry who wrote (30739)11/20/1999 10:28:00 AM
From: Mr. Big  Read Replies (4) of 108040
 
That is correct but when watching L2 you need to be careful for those head fakes when the ask is stacked and the bids look weak cause more often than not this wall of worry quickly evaporates (with the hot stocks). L2 will allow you to enter and exit more profitably on each trade but those head fakes can surely make you second guess that trade.

Big

PS: SQST at 30 15/16 after hours.
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