To: REW who wrote (30065 ) 6/4/1999 10:39:00 AM From: Dave Gore Respond to of 44908
REPORT OF EVERY TRADE AS IT HAPPENS on LEVEL 2: 10:17:27 .131 x .132 50x50 10:18:27 .131 5,000 10:19:13 .132 10,000 10:19:29 .132 5,000 10:20:02 .131 x .135 50x50 10:20:11 .132 5,000 10:21:28 .135 1,000 10:22:18 .135 25,000 10:25:51 .135 12,500 10:26:12 .130 4,000 10:29:17 .131 x .140 50x50 10:29:31 .135 5,000 10:30:02 .135 5,000 10:30:06 .140 20,000 10:31:12 .135 20,000 10:33:45 .132 x .140 50x50 10:34:12 .140 20,000 10:34:23 .135 x .140 50x50 Just a partial trading log as it happens....interesting huh for those of you who don't have LEVEL 2? If YOU WANT LEVEL 2, you can follow all the MM's and who is being naughty and who is being nice. And lately many have been very NAUGHT on many stocks on the BB. By naughty I mean this: I actually saw 48,000 shares of buying on CAOL the other day at .531 in the first few minutes of trading and they LOWERED the B/A down eventuall to .25 x .343 at one point. The MM's LOWER the B/A on BUYING? Yes, if it is a relatively modestly traded stock, they can trick those who don't have Level 2 in panic sellings? What do I mean? Well, picture you see volume of 50,000 shares and the stock goes down. You would naturally think those were sells, and may decide you better sell to. Naughty huh, but once in a while they do things like that? Of cource after the stock hit .25 x .343, it ended the day in the .40's. They just wanted to run it down quick on little selling and see if they could pick up real cheap stock ahead of the news expected anytime. Stock was at 1.25 x 1.50 about 5 weeks ago and nothing has changed except CAOL is closer to some nice announcements of their Internet lottery in China. Level 2 for me is a necessitymytrack.com about $135 a month. News as it happens, real time trade reports, etc., even on BB's