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To: SteelerStu who wrote (60)6/7/1999 12:57:00 PM
From: tcd  Respond to of 963
 
hey steeler don't get too frothy about Level II when you're still just learning on how to use it:

Message 9976676



To: SteelerStu who wrote (60)6/7/1999 1:43:00 PM
From: LPS5  Read Replies (2) | Respond to of 963
 
Stu,

Here we go again. At noon - or even now, 1:30pm Eastern time, how can or could you tell from NASDAQ Level II what this or any other issue will do tomorrow?

More specifically, that it will be a "big gapper?"

It's impossible to tell at any given moment, from looking at Level II, what a stock will do a half hour from now, let alone tomorrow - with any degree of accuracy beyond a GUESS.

Allow me to rewrite your message for you:

"Wow! This stock currently looks to be aggressively bid for via NASDAQ Level II, even though I can't tell whether prints or blocks being traded are up front, or on a clean-up. Even so, I believe this issue to be enthusiastically sought-after, enough so that it may be bid up in pre-market trading tomorrow! Delightful! There is, of course, no way of knowing such definitively, and such is only my opinion."

Hows that? :)

LPS5