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To: USA who wrote (2058)3/28/1998 12:55:00 AM
From: Matt Burton  Read Replies (1) | Respond to of 16988
 
If I remember correctly, the site is pcquote.com...this is fee-based, though.



To: USA who wrote (2058)3/28/1998 1:31:00 AM
From: Ga Bard  Read Replies (3) | Respond to of 16988
 
I have real time Time & Sales. You learn to watch for the ask & bid so the ask becomes the bid which the delayed buys show up as sells. Watch the amount of stock sold at a certain levesl where before it would fall. Watch for drops on buys and rises on sells.

Ex. Say the other day 5000 ticked it down and other 500 ticked it down today almost 60K sold at .49 and it did not tick down. When the selling stop bingo a 40K buy came through at .50. Then 10K and so forth.

Once the selling started they ticked it down. Now the bid dropped but not the offer. The offer remained because dropping it would have to fill lower. So they take all the sells and fill the ask. Wide spreads make MMs money.

Delayed posting of trades .. After studying the dynamic time and sells you get accustom to the little alert signs of what is going on. Plus you watch the jockying of the market markers. That gives you a good idea what is going on also. I have even watched certain market makers on certain stock get on the bid and lo and behold certain on line personalities immediately start flaming the stock.

Just a lot to learn about the dynamics of trading. You know when the stock is being shaken and when it is actually being sold. Most if what I think is going on I cannot prove but I do follow the guidelines I have watch. Patterns are keys.

gabard