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Re: pray post# 3034

Tuesday, 05/01/2012 1:09:25 PM

Tuesday, May 01, 2012 1:09:25 PM

Post# of 3734
"Watching a realtime chart in conjunction with L2, you may notice things like each time your stock hits a specific price, a certain MM comes in and supports it, but only when it drops to that price. This could be seen as quiet accumulation or support for the stock, which is a good sign."

"Sneaky Tactics:

Scenerio 1:

Let us say for example that you are Bill Gates and you want to buy 10M shares INTC. Would you a) put in an order for 10M shares or b) put in an order for 100,000 shares and try buy it in small amounts?

Answer ‘b’ is correct. If you simply waltz into the market and put up a huge bid, other traders watching L2 will take this as a signal of strong demand for INTC and start bidding it up, thus causing it to go higher. Accumulating it quietly in small blocks would be the more logical approach if you want to get in at a low price."

http://www.hotstockmarket.com/t/35169/introduction-to-level-ii-level-2-l2-l-ii-lii

In other words... loading is being done quietly which is a good sign
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