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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: James F. Hopkins who wrote (23599)8/23/1999 7:46:00 AM
From: Kip518  Read Replies (1) of 99985
 
Jim, what I found interesting about the Schwab piece is that it is more evidence (along with Fed actions) that market liquidity may be declining at an accelerated pace. According to the article, the targets for decreasing liquidity have spread beyond the nutz to stocks that appear to be solid companies with already illiquid stocks. Hence, ironically, Schwab (and presumably other brokers) are contributing to the very thing that makes the public nervous about the market -- great volatility, which in turn could cause folks to withdraw from the market and help produce the very declines Schwab says it is fearing.

I see your point about trading indexes.

Kip
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