The Final Frontier - Online Remote Trading Message Board

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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Dominick who wrote (3368)	3/12/1998 6:19:00 PM
From: Colin Cody	Read Replies (1) of 12617

I'm not a Day Trader myself, but as long as I'm here I'll toss in my 2 cents (g), I don't think you can SAY with just the info you've presented. . Trades in the MIDDLE can be EITHER a buy a sell or an interdealer transfer. . Trades at the BID are not necessarily a SELL. They can be a BUY (I buy at the Bid myself, for instance, by having a broker go in the box as Principle on my behalf) or they might be an interdealer transfer. . Somtimes what APPEARS to be a sale at the BID, say $5 1/32 is really 5 5/128 which was a cross trade, but since many Quote suppliers do not SHOW 128ths or 256ths they ROUND and it appears different! . Colin

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