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

To: Bilow who wrote (4192)	9/19/1999 12:09:00 PM
From: marketbrief.com	Respond to of 18137

hi Carl, yes indeed, thank you for understanding what I was trying to say about the ISLD book... it's very clear when watching it that a strong stock is rarely well bid... they are simply too quick about giving up (pulling) once they realize they're not going to get on at/below BB... as I said, if I am long (short) something that is strong (weak) and I see it get well bid (offered) on ISLD, I think "uh oh," not "this is good, I'm safe." Another point I'd like to make about watching the book is that it makes me skittish and I'm a lot less resolute about my positions when looking at trades going off one by one... I really need the perspective of the 5 min. chart to be able to sit tight... If I open the ISLD book, I start micro-managing, and that's never a good thing. ~Smart$