Title: No longer relevant in today's market
Product review: Sorry folks, although a good educational read, this book is outdated (1999). His technique is to get in between the bid and ask on low voliatile NYSE stocks and thereby skim a 1/16 (teenie, 6 cents) out of the spread. Sounds promising, but unfortuanetly, the NYSE no longer uses fractions, its all decimals and has been that way for a good while!! Given today's 'decimal' market, scalping the spread can be easily blocked by a bid .01 greater.I would be interested in knowing if Farrell is still trading and if so, how might his techniques have evolved. Any updated books out there???
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