LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (6909)	1/21/1999 2:28:00 PM
From: AlienTech	Read Replies (1) of 43080

>>I'm sure someone with level II can see the same thing I am. I don't have level II, but I watch the largest bid and ask sizes as they are flashed (they only have to put them up for a few seconds to display intent) and track the flow. I have photogenic memory though, so it only take a few looks on and off to get the feel for it.<< Hmm yea, But what I was talking about was the display when you have an account with instinet. You can show the book on how much you want to buy or sell. Which is not the same as the L2 screen where they show the public what they think will fool the most. You dont know who is selling but you see that at a certain price there will be huge blad fat guy sitting with a large number of shares. Very similar to the Island book, I know they had that for a few days before they decided it was too much for the traders to know.

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