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Strategies & Market Trends
Reading Level II

An SI Board Since September 2001

Posts	SubjectMarks	Bans
10	11	0

Emcee: Pink Minion	Type: Unmoderated

Introduction Compact

Please post how you read Level II. Everyone says it's a must for daytraders, but how do you tell a short term move?

To me it's just a bunch of quotes running by. I know about "depth" of the quotes but can make no sense of it.

I do like to look at when a firm upgrades/downgrades a stock to see if they are on the bid or ask all day.

Thanks

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
10	<i> Level 2 is a scam. Stay away from it and you will trade better. </	Pink Minion	-	9/11/2001
9	Level 2 is a scam. Stay away from it and you will trade better.	moosebeary	-	9/10/2001
8	Message 16326429 To:ex-Dilbert who wrote (11951) From: Wayne Van Scoyoc Monday	Pink Minion	-	9/10/2001
7	What I believe thatat Times they're large orders broken up on ECN's to h	Gut Trader	-	9/10/2001
6	<i> One thing I watch for is recurring simultaneous moves by Inca Arca Red	Pink Minion	-	9/10/2001
5	<i> I find Level II very valuable in day trading, but I never use it alone	Pink Minion	-	9/10/2001
4	I find Level II very valuable in day trading, but I never use it alone. Always	Ron	-	9/9/2001
3	<i> do they sell after upgrading </i> I heard there's a rumor t	Pink Minion	-	9/8/2001
2	OK, Ex, so can you elucidate on the results of your study - do they sell after	Short A. Few	-	9/7/2001
1	One thing I watch for is recurring simultaneous moves by Inca Arca Redi Isld.	Gut Trader	-	9/7/2001

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