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Strategies & Market Trends : Level II Trading -- Ignore unavailable to you. Want to Upgrade?


To: DD™ who wrote (936)3/9/1999 12:49:00 AM
From: mr.mark  Respond to of 1086
 
"I'm assuming your rule holds when you are a buyer instead of a seller of the given stock trending in the clockwise direction."

couple of points...

first, it's not my rule. it is a key to watch for on a level2 market maker screen. (did you go to the url i linked for you?)

second, it doesn't matter if i'm a buyer or seller. (someone else referred to the direction as either good or bad. that is misleading, imo.) think instead of the price either rising or falling.

again, see phactor's tutorial for the best explanation of this.

hope this helps,

mark