I attended a really good trading presentation sponsered by DISNAT and Stockcores.com (Tyler Bullhorn) yesterday at UBC. One of the questions that Tyler was asked was if he is using Level II in his trading. His answer was that since the deployment of the super computers to run a lot of the trading the Level II has become meaningless at least in rapid day trading. I tend to agree, I can't really predict much from Level II any more, it's all smoke and mirrors the way it looks to me.