T & S interpretation

E

erd0c

I have a question regarding prints and execution. How do you interpret the following:

Nasdaq Stock:
On the Bid (OTB)
On the Ask (OTA)
Neither bid/ask (NBA)
18.65 100 OTB
18.65 100 OTB
18.65 200 OTB
18.65 100 OTB
18.65 500 OTB
18.65 300 OTB
18.641 1231 NBA
18.64 100 OTA
18.64 200 OTA
18.64 600 OTA
18.64 200 OTA
18.65 100 OTB
18.65 1000 NBA
18.65 1200 NBA
18.64 100 OTB

And this action goes back and forth.
Small lots on the bid/ask
but when the spread widens, relatively larger volume comes in.

Forgive me if this is VERY basic.

Thanks
erd0c
 
I think I may have found my answer on investopedia:

"By looking for trades that take place in between the bid and ask, you can tell when a strong trend is about to come to an end. This is because these trades are often placed by large traders who take a small loss in order to make sure that they get out of the stock in time."

My next question is:
is it true for bottoms as well as tops?

Thanks
erd0c
 
Thank you for your email. Trades that are negotiated between institutions or are
reported late are two examples of how a trade might not execute or are reported
outside the bid or ask. Please let us know if you have any further questions
regarding your account.


Sincerely,

Jon M.

Scottrade, Inc.

www.scottrade.com

www.ScottradeElite.com
 
You must log in or register to reply here.
Back
Top