Expo Holdings Inc. (EXPH)

[CSykes]

No professional trader uses Level II to make buying decisions. You use your real time charts and T&S to make buying decisions.

Level II is used for one thing and one thing only.. placing orders.

Message boards have been used for years to try and make penny traders think Level II's somehow show strength or weakness..

That is simply not the case as I just demonstrated. If I had stock in EXPH (which I do not) I could have placed 5 MM"s on the ask side with just 5,000 shares each and made it look very weak in attempt to shake people out. Or make the bid look strong in attempt to bring buying in... it is all 100% psychological.

Level II's are just tools used by folks in conjunction with message boards in an attempt to swing the market..