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MT: Since OB trigger is independent of price, I don't understand how the
pit can trigger a trade.
Regards, Jack.
----- Original Message -----
From: <multitrak@xxxxxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Monday, March 04, 2002 7:22 PM
Subject: Re: Mr. Myxx and Oddball?
> Disagree...look at time of day when OB is triggered: if it's in the middle
> of the trading day when liquidity is low and volume is thin, then even a 5
> lot can produce an OB system trigger if the pit is following OB.
>
> MT
>
> >Questin is: will ob garner enough interest to create a predicable surge
of
> >trades at predictable times? I doubt it. Small account traders won't
> >create enough size to interest the pit. Bigger players will soon tweak
> >their ob system to avoid the crowd, if the crowd was thought to be
hurting
> >their fills.
>
>
>
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