Thursday, March 03, 2005 12:08:51 PM
Bo...CTGLF / chart
Bo...and anybody else...if you would...put this on one of your L2 screens, and watch its' trading pattern. I would really appreciate anybody's thoughts.
On the chart...the CMF and A/D are strong. It seems to be under accumulation. The average volume is low...and it seems if it starts getting a little volume they u/t the ask.
I've watched it for weeks. Most always the bid is stacked 3 4 5 deep...and only 1 or 2 on the ask.
When I got back from an earlier appointment...I looked at the L2 prints. For today it shows one 500 share sell at .20 and one 5000 share buy at .23...then it appears they d/t the ask to .22 leaving the bid at .20...and the other trades are printed as sells at the ask .22 not at the .20 bid. From the open the bid line-up has stayed the same today.
There a board for this one...
http://investorshub.com/boards/board.asp?board_id=3461
Bo...and anybody else...if you would...put this on one of your L2 screens, and watch its' trading pattern. I would really appreciate anybody's thoughts.
On the chart...the CMF and A/D are strong. It seems to be under accumulation. The average volume is low...and it seems if it starts getting a little volume they u/t the ask.
I've watched it for weeks. Most always the bid is stacked 3 4 5 deep...and only 1 or 2 on the ask.
When I got back from an earlier appointment...I looked at the L2 prints. For today it shows one 500 share sell at .20 and one 5000 share buy at .23...then it appears they d/t the ask to .22 leaving the bid at .20...and the other trades are printed as sells at the ask .22 not at the .20 bid. From the open the bid line-up has stayed the same today.
There a board for this one...
http://investorshub.com/boards/board.asp?board_id=3461
Nobody should buy hold sell or do anything for that matter based on my thoughts/opinions on anything.
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