Financial history doesn't repeat itself, but it often rhymes.
You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
Wednesday, April 8, 2009
Level 2 data
So What we want to see.. as bulls, is high buy side Level 2 data.
Big Limit orders on the bid side. 50-100K...
and you want to see that follow the market up... if it goes up.
So we want to see a lot of bids... even though they are a penny or two lower than the last sale. Right?
ReplyDeleteEven if we have a ton of ask two or three cents above the last sale, this is still bearish?
http://starwealth.blogspot.com/
ReplyDelete