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

To: aldrums who wrote (7244)	3/11/2000 11:55:00 AM
From: LPS5	Respond to of 18137

Hey, Mr. Ec. Offhand it sounds like a technology problem, where either NASDAQ or your quote feed was showing a MM at the inside who wasn't actually there (a "sticky" problem). He'd have definitely been taken out by contraparties (or by a call from NASDAQ Market Ops) if the stock had any volume whatsoever. That's my first suspicion - it was a technology problem. LPS5

To: aldrums who wrote (7244)	3/11/2000 12:16:00 PM
From: Cormac	Read Replies (1) \| Respond to of 18137

Mr. E - I tend to agree with LP - probably a tech problem. In your Level II display do you have time of bid/ask - it takes up additional space but will give you the time that price server received the respective quote...or do you have a status of bid/ask column/denotation "k" = closed, "O" = open and "L" = non-refreshed I have had instances where a MM is "stuck" on the best bid/ask and the time is from pre-open (hours previous) Cormac