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firefight4

03/04/04 2:57 PM

#49 RE: fsprincenatu #48

fsprinc, you have to watch L2 closely and see who is on the bid and ask. If FANC is on the best bid and you see a trade go through at the bid price then I assume that FANC just bought that number of shares. If he is on the best ask and I see trades go through at the ask I assume he sold those shares. Hope that helps. It's not an exact science but I believe its accurate.
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firefight4

03/04/04 3:01 PM

#50 RE: fsprincenatu #48

fsprince, also watch for FANC jumping to the high bid and then trades going through soon after. Then he backs off. Usually another way to see that he is buying. Yesterday's volume was much easier to see the games FANC was playin. A little slow today for PLKC.