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Paramagnetic Beads and QL Analyser are Proprietary Products

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Message: Re: Level II on a down day.

Aug 14, 2009 11:40AM

Doc,

I don't think so. The Level II I was looking at shows the highest bid price and volume of the orders and the lowest ask price with the volume offered along with the market maker. It then shows in descending order the bids below that (down to 5 cents yesterday afternoon) and in ascending order the asks above that (above a dollar yesterday afternoon).

In actively traded less manipulated stocks it can give a good feel for where trading may go short term but it is almost useless in JAGH, other than knowing which market makers are actively seeking/offering transactions.

I get Level II quotes in my online trading account but the availability varies by brokerage and type of account.

Jag.

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