on mtgox:
sum_bid: 33,276,632 USD | sum_ask: 34,451 BTC | ratio: 965.90 USD/BTC
bid and ask sums are non important. they do not tell anything as they will be pulled and increased when needed.
every piece of information is important
If you check the bid sum ask sum charts, you'll see that the price has usually been between 1 3 to 1 2 of the ratio.
This puts the 'target' price right now between 320$ and 480$. And possibly lower once the avalanche of coins starts.
if believe that, then you can still use the information provided, just remeber to understand it in that context
FYFI the bids and asks are real, but ya poeple constantly pulls orders and place then again, this is what good traders do...
