This work examines the properties of "good" codes for the scalar Gaussian wiretap channel that achieve the maximum level of equivocation. Specifically, the minimum mean-square error (MMSE) behavior of these codes is explored as a function of the signal-to-noise ratio (SNR). It is first shown that reliable decoding of the codeword at the legitimate receiver and at the eavesdropper, conditioned on the transmitted message, is a necessary and sufficient condition for an optimally secure code sequence. Moreover, it is observed that a stochastic encoder is required for any code sequence with rate below the channel point-to-point capacity. Then, for code sequences attaining the maximum level of equivocation, it is shown that their codebook sequences must resemble "good" point-to-point, capacity achieving, code sequences. Finally, it is shown that the mapping over such "good" codebook sequences that produces a maximum equivocation code must saturate the eavesdropper. These results support several "rules of thumb" in the design of capacity achieving codes for the Gaussian wiretap.