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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: sun-tzu who wrote (141803)1/5/2002 8:14:12 AM
From: robnhood  Read Replies (1) of 436258
 
<< you can't use ANY data from mm's as it is completely unreliable and corrupt. mm's will flash B/A's, use ECN's to hide their intentions, show 100 share B/A's when they really have size in their pockets, etc.
>>

So true--- Where I work , our US connection has just decided to charge us $250 a month to see depth of market. I for one am opting out for I find the shown depth to be meaningless.
Trading against size, eg; topping big bids or undercutting big offerings will not pay in the long run anyway. Stocks very often move into size.
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