LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Jay Lyons who wrote (5641)	1/7/1999 1:55:00 PM
From: LastShadow	Read Replies (2) of 43080

Gaps and other stuff Gaps: Jay - Ignore the time. If your High/Low prices dictated 49, then enter at 49 if the ticker is moving fast. The Gaps were written as general guidlines for end of day and occasional intraday. The more proficient one is with the method, the better the data feed, the faster the executions all mean you can start playing it as a chartist rather than as a mechancial strategy. The point about level Ii is worth mentioning something else. Folks who use Mach6 are not seeing the true bid/ask sizes for NASDAQ. What you are seeing is the largest size seller (ask) and largest sized offer (bid). The actual sizes of the bids and offers are not in that number. Long GMGC btw. lastshadow

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