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Strategies & Market Trends : After Hours Trading(ECN)-The Coming 24/7 Trading Explosion

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To: Savant who wrote (308)12/13/1999 1:41:00 PM
From: Savant   of 314
 
7% of volume...once again, the 'brilliant' analysts show their lack of foresight..perhaps their 'hind sight' will be better...LOL.
CONVENIENCE that is the operative word..very simply put. The masses, the guy on the street..the real street, the one in your neighborhood, the one that really makes the ultimate difference, is now being enabled. This is part of the on going democratization of the market place...may the pace increase for the benefit of 'we, the people'...screw the 'good ole' boyz' club. They have been sticking it to us for decades...still are, but the internet is making it harder on them. Now we have the tools, the nearly instant news, the reasonable commissions, and access to the after markets that were once the realm of the insiders...all that noise about the danger of the after market...horse pockey...with limit orders, and a little common sense..we now have the ability to take advantage of late breaking and early out news....use this ability wisely. The best benefit is the ability for the regular guy to enter orders and have them filled when he/she isn't at work...convenience.
cbs.marketwatch.com
Best, Savant
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