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jfburk

10/30/09 1:54 PM

#71642 RE: learner1156 #71641

I am going to try this one more time as some have problems reading all the posts and instead make the same claims over and over again.

There is no way of telling whether it is a buy or a sell for every transaction has both thus it is a matter of reporting. Someone has to sell for someone else to buy. All transactions purchased at bid show up as a sell and all purchases at ask show up as a buy. Anyone buying at ask during a price drop are hurting themselves and not getting the best value.

Shares traded between MM's are mostly going to show up as a sell as they are done at bid. Got it yet?