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pitadog

09/15/07 11:22 AM

#3222 RE: cranberry71 #3221

Cranberry71, my point is that I don't understand how you can call a trade that is between a bid of .51 and and ask of .70 a buy (or for that matter, a sell). But in my case I thought they were buys, so I placed a buy order for 1,000 at .60, the previous trade price and the mm's would not take it, so felt that they were buying at that price and not selling. MM's buy at the bid and sell at the ask or as near as they can imo.
thanks, dog