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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Joe King who wrote (10759)9/30/1999 4:34:00 PM
From: Richard Estes  Read Replies (1) | Respond to of 12039
 
Dave may have his views because it is all guesses. The truth is No one knows what is a buy and what is a sell, T/S or level II. My guess is that "matches" reflect a buy and a sell. I buy 90% of the time at the bid and sell at the ask. What occurs then? you see a match 90% of time. When I see the match, I know I got it for sure.

Trying to tape read has become harder with more players and more information. Keep your eye on the prize - Price.

Accumulation may occur over a tight range. The longer the range in time, the bigger the move.



To: Joe King who wrote (10759)10/1/1999 12:18:00 PM
From: Dave O.  Read Replies (2) | Respond to of 12039
 
< What does it mean when you see a lot of mirrored trades? 500-500, 1500-1500- 3100-3100 >

Joe,

Another explanation, if they are NASDAQ stocks, is that they may be limit orders and you often see double counting of shares. First, the market maker has to buy the shares at your price so they print on his buy at "x". Then he sells them to you at "x" (the same price) so they print a second time.

Dave