Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?

To: Cush who wrote (2664)	5/31/2001 10:33:42 AM
From: Cush	Respond to of 5144

Velvet. I exited this trade this morning. It may be just my frustration at these markets, but it seems to me that market depth has virtually no meaning, these days. I usually watch a dozen or so stocks, each day, and I usually have seven or eight market depth screens open. It hasn't been unusual, for the last while, to see nothing of significance on the MD until the last minute before the open. And now, I find that large orders (ie. over $100,000.) seem to just appear seconds before they're filled. So, for the most part, for whatever reason, market depth has almost no meaning. A more reliable indicator of direction is usually whether Yorkton is buying or selling. They have an uncanny ability to sell just before large sell orders by other houses are placed, and to buy just before large orders to buy by other houses are placed. Rant, ramble, ... Cush