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Re: Green Money 00 post# 3086

Saturday, 05/27/2006 1:40:28 AM

Saturday, May 27, 2006 1:40:28 AM

Post# of 27672
goku348...

The 5000 shares orders or sells.... that is MMS breaking up the orders... say you order 100,000 ... MMS sometimes will break them up and first post 5,000 then a 95,000 order after that or whatever.... basically people are NOT buying 5000 ... normally when you watch level 2 - if you see 5000 come up it is a signal to the MMS that orders are coming in and likely the pps is going to start moving up... normally .... just look at any 5000 orders and following them or right before them there should be another order or sell that you add them together and it makes more sense...

you really need a live level 2 stream to learn what is really going on... hard to explain atleast for me... haha... etrade offers live stream of level 2 when an active trader... you learn ALOT from watching that.... you will even see MMS putting in 0 when they want to pause the trading to move the pps up or down depending on if some sells or alot of buys are coming in... anyways... you learn ALOT from watch live level 2 streams and pick it up pretty quick :)

Just FYI ... people are not just buying 5,000 blocks... more to it... someone else may be able to explain it better as well.... tired... lol....



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