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Re: Penny Stalker post# 25356

Wednesday, 11/25/2009 2:03:27 PM

Wednesday, November 25, 2009 2:03:27 PM

Post# of 47790
Here you go Penny Stalker, if you Google LEVEL 2 QUOTES you will find much information. L2 is great to understand whether you are a day trader or long term investor. Day traders use it to sell high and buy low and long term investors use it to see when a stock might drop to buy more. However in the case of EXBX"E" it is a weak tool right now because no one wants to buy this POS and no buying pressure right now.

http://www.investopedia.com/articles/trading/06/Level2Quotes.asp?viewed=1