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Strategies & Market Trends : Analysis Class for Beginners

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To: Peter Lochowicz who wrote (729)	3/9/1998 3:47:00 PM
From: Arthur Tang	Read Replies (1) of 1471

Thank you, Peter. Experience is needed, to read 1 minute interval intraday charts. Bid is low or the next lower price, ask is the next higher price. Large volumes you have to know the level two or level three prices of your stock, whether it is bid or ask. Then it might be a negotiated price delayed and traded in the wrong sequence in the curve. But after a while you will get the gest(gesture) of it. The curve in the chart is important to tip you off whether it is market makers trading to each other. Each trade is a real trade, we can not fold the volume because it is the same certificate in five trades. At the end of each 15th day of each month, your calculation is confirmed by the next short interest report.

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