WR's Momentum Trades Message Board

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Strategies & Market Trends : WR's Momentum Trades

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To: Andrew G. who wrote (6794)	2/24/1999 8:24:00 AM
From: Kimberly Lee	Read Replies (1) of 11130

Andrew, thanks for the kind words. Level 2 doesn't do much for the pink sheet micro pennies, as the quotes are not firm and mms have the discretion to execute your order within a 5 to 10 minute window. Your ISDN, level 2 screen integrated with order entry (make sure it includes the internal book of at least 1, preferably more, important ECNs -- you know, INCA, ISLD, REDI...) will help in trading Nasdaq, AMEX and NYSE issues. I position trade NAZ and some BB stocks. But when it comes to pink sheet and micro pennies, I will keep positions over night only if I received sufficient assurances within the scope of the inherently limited dd available for issues of this nature

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