Gary, when you say "indicating that this was the bid," are you saying that you are inferring that from the trade? Or do you have a time and sales that also indicate the b/a and changes to same? If the latter, ok. If not, then it isn't correct to infer this, since the t/s prints are a reflection of a number of things.
They could be trades that went off at the inside quote, but they can also be late prints from some other time period, trades that were negotiated over the phone outside the inside quote, etc.
I think you know this, so I'm presuming your t/s shows the b/a, etc. Many of them do, but some do not. If so, excuse the butt in. If not, , maybe you forgot.<g>
Len |
