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Friday, October 30, 2009 1:54:53 PM
There is no way of telling whether it is a buy or a sell for every transaction has both thus it is a matter of reporting. Someone has to sell for someone else to buy. All transactions purchased at bid show up as a sell and all purchases at ask show up as a buy. Anyone buying at ask during a price drop are hurting themselves and not getting the best value.
Shares traded between MM's are mostly going to show up as a sell as they are done at bid. Got it yet?
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