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hometownJOE

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hometownJOE

Re: Rob~daBanca post# 3935

Monday, 05/13/2013 2:43:23 PM

Monday, May 13, 2013 2:43:23 PM

Post# of 20265
L2 is only reactive and not proactive. If it was artificial, all the supporting bids can be withdrawn simultaneously and the bottom fall out. This would mean too late for traders trying to hit the bid (especially with limit orders).
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