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Strategies & Market Trends : SOES Trading
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To: Michael Friesen who wrote (1209)1/22/1998 6:38:00 PM
From: Jay Morrison  Read Replies (1) of 1618
 
<<In my experience, you better hit the key to buy while 6 or 7 MMs are still on the ask, otherwise you won't get filled.>>

If this is the case, what is the advantage still to having level II quotes? Is it still possible to get a good feel for which direction a stock will take when looking at the size of the bid and offer?

Jay
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