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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: TraderAlan who wrote (1028)	9/6/1998 12:22:00 PM
From: Gary Korn	Read Replies (1) \| Respond to of 7382

Alan, I agree with you about L2 being less than helpful. I'd only use it to track GSCO, and to try not to be buying against GSCO selling. My favorite indicators now are a combination of things: 1. A good buildup on the bid, say 50x10 (a signal to execute). 2. Seeing trades on time/sales at/above the ask (execute signal). 3. The DOW moving up. I don't like fighting the DOW (execute signal) 4. Erosion of the ask size (a signal to not sell after execution). 5. Volume acceleration on time & sales (ditto) A friend just suggested I start keeping track of the TICK. I'll try looking at this on Tuesday. Gary Korn