gary, do me a favor and type slowly when you respond to me,
so i can keep up with your thinking:-)
I'm actually a bit worried by the numbers you posted.
OTC volume is running significantly below 2Q (at 18B for Q3
versus 25B in Q2). At the same time, NASD volume looks flat
quarter over quarter.
OTCBB:
Q199 - 14,847,000,000 Q198 - 6,880,000,000
Q299 - 25,514,000,000 Q298 - 8,763,000,000
Q399 - 9,300,000,000 (half-way) Q398 - 3,650,000,000
Q398 6,841,000,000 full
why are you comparing two different q's? clearly trading is
seasonal with the q3 traditionally being less than q2. in 98
q1 and q3 were equal, 99 q3 will be up significantly
from q1 of 99.
i drew a different conclusion from the numbers, based on the
fact volume has continued to excel, not slow down, and could
not fathom what the analyst was thinking. under current
market conditions, interest rates have had no impact on the
amount of trading, trading does not abate.
nite also guides analysts in its earnings as seasonal
demands dictates, as do retailers who rely so much on the
holiday season for sales. |
