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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (989)	6/18/1999 2:01:00 PM
From: Carl Worth	Read Replies (2) \| Respond to of 18137

Jerry- I don't know if it is OT but since it wasn't about a stock but rather a general question, probably not. :) I'm not sold on Level II either, I think there is a lot of misinformation there, especially in the bigger stocks. I see MM's put up 50000 share lots of MSFT and then pull them down just as quickly. Sometimes it is good for determining support on a stock but just as often I think it gives false impressions. So far I have kept it but I may get rid of it as I think intraday charts are more beneficial for entry/exit points. IMHO. Carl