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Old 09-24-2007, 03:25 PM
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Re: DOM games

Here's my observation of watching the cumulative volume numbers on the DOM - just watching those will drive you nuts. They change so quickly that trying to trade off it would be hard in my opinion. I see now why the thread on elitetrader discussed scalping b/c that's where this could come into play.

Abe - What you'll need to watch is what happens to those bids as price comes to it, if those bids remain. It's easy to sit back and say I'll buy here but as you said - since you are catching a falling knife, some will think twice as price approaches.

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