Momentum Daytrading - Tricks of the Trade Message Board

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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Rick Faurot who wrote (1404)	8/9/1998 12:14:00 AM
From: Rick Slemmer	of 2120

Rick: And I have been wondering for a while when I see prints at the bid who is getting buys there and how? Probably a limit order that's been there for hours (days?) and the stock has finally caught up to it. There's no mystery; if a seller wants to unload his stock, he will settle for the bid price, and if a buyer really wants the stock, he'll pay the ask. Not everyone is as picky about teenies and eighths as daytraders are. Good luck! RS

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