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Re: pennynoob post# 54895

Wednesday, 06/20/2012 9:05:31 AM

Wednesday, June 20, 2012 9:05:31 AM

Post# of 160012
L2 shows people anywhere from a small percentage to a large percentage of all open orders. That's it. If the pre-market spread in a stock that does not trade pre-market is .0291 x .081, that means nothing an hour early if I or a firm intend to place an order @ .04 one minute before the bell.