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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: bobby beara who wrote (34280)	11/26/1999 11:01:00 PM
From: Casaubon	Read Replies (1) of 99985

I don't see how your answer accommodates a smaller number of shares per trade. Lower prices from splits should increase the average trade size, no? I do agree the splits accommodate smaller investors. PS the split adjusted price of MSFT looks like it tripled from the 1997 highs, so I think I'm missing your point.

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