Madera International - Symbol WOOD Message Board

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Microcap & Penny Stocks : Madera International - Symbol WOOD

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To: David T. Groves who wrote (881)	1/26/1999 5:45:00 PM
From: John T. Hardee	Read Replies (2) of 1979

David, it sickens me to see people post braggadocchio Level II data as if it were a on going trend and they were the expert. "MM are setting up traps" "Level II does not look good". Level II offers Dynamic update of market maker information which changes by the minute based upon supply and demand of a stock. Its another way to try to tell Madera investors - I am a expert, I got Level II, listen to my subjectivity which comes from the same Madera message we have all read. Level II is a support used by daytraders to make 1/8 or more points when doing faster than fast trading in and out of high volume stock. It shows fast trends for a short periods of time. Once Madera broke 21 today and hit the bid 19 where else would the share price go but to a resistance support level - We have to expect a bumper crop of BS this year and a lot of bites on the ankles from proven bashers.

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