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Sportsjunkie

11/19/03 10:15 PM

#8024 RE: skatchmo #8020

that is another one we try and make common sense out of the best we can cause we dont see actually size in the orders
up for sale...
a transaction log is a much easier way to see since you dont have to be glued to your screen only watching one stock..
i know we all have to start some where but the most important reason to catch a momentum play early is to give you the luxury of not having to stare at your screen on one stock..

buying and selling pressure on a stock is another interesting
rational to it since we have to see who are the actual mm's doing the buying and selling,if you looked at my list on say a DOMS or UCAP OR WMIN..you can use all the lingo you want about buying pressure but since it is a paper mill stock they aint going to run out,so the variables of the particular company and the ones doing the buying and selling are very important...

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EVO

11/19/03 11:02 PM

#8026 RE: skatchmo #8020

um if the bid is say .025 and the ask is .026, and a trade goes through 50,000 at .026 then thats a buy, BUT its also a sell because whoever is buying that 50,000 at .026, someone must be selling it to them at .026....so its both only more BUYING pressure because it was an buy at the ask.