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Strategies & Market Trends : Level II Trading
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To: Street Walker who wrote (331)3/3/1998 8:47:00 AM
From: DRRISK   of 1086
 
Street,
I am with you, I acquired a large position in OXHP and feel that the Level II has permitted me a much better entry level then when I have taken positions in the past. I had the ability with Oracle to get in an out with a substantial profit within a 1 1/2 point spread in and out. I could have never done this without Level II. The TA dynamic interface and the flow of watching the MM's over the two weeks permitted a feel for the position that was far more accurate.

Regarding OXHP I have had a similar experience. I will know when we hit bottom when GSCO switches to the buy. They have artificially oversold the stock and have singularly kept the price at 17+. When they stop selling we get a bounce. The last two days they have been buying a little for the first time. But still more selling.
DrRisk
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