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Strategies & Market Trends : From the Trading Desk

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To: trouthead who wrote (2149)	12/23/1997 1:28:00 PM
From: Richard Estes	Read Replies (1) of 4969

The bid is what they will buy your stock for, the ask is what they will sell you stock for at market. It is possible to get a limit buy off between bid and ask but rare to buy at bid or sell at ask. the last trade is just that, it can be even a error correction, in this case It looks like someone sold at bid. That is a general explanation.

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