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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: K MAC who wrote (18596)10/22/1997 12:40:00 AM
From: Gary Korn  Read Replies (1) | Respond to of 61433
 
K MAC,

Thank you for your advice on the lvl 2 screen. I've been at it less than a week now and I can see that it takes time to get a good sense of what is happening. Even in the past few days, I've improved at reading the "action." I can kind of tell when a MM is in play and when it is pushing to sell or to buy. The screen lists the time of each trade by MM as well, which is helpful.

I'm also beginning to think that lvl 2 is more useful for a stock that is not traded as heavily as ASND. This stock is so liquid that, as soon as you get a fix on who is trading what, and what direction things are going, positions change and you need a new fix.

Clearly, though, it takes time to learn to use the information. I'm willing to give it a try! Frankly, without the help I've already had from people here on the thread, I'd be nowhere!

Thanks again,

Gary Korn

P.S. So how do I access Selectnet?