DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Brandon who wrote (10877)	12/4/2000 6:04:14 PM
From: davealex	Read Replies (1) of 18137

I have decided superSOES is a myth Unfortunately, I think it will actually arrive, but will be accepted like the Edsel. europe.cnn.com Why was the Edsel a flop? The lead time to design and build a car is several years, and the Edsel project was started several years before it hit the streets. The project started when flash and chrome and horsepower was all the rage. By the time it was introduced, America was in a recession. Car sales for all makes were falling dramatically and people were shopping for more economical cars. It was a bad time to introduce a new marque, and an even worse time to introduce a large car. You make the connections. Do traders want a better SOES? Not the ones I know. Most traders I know want what amounts to a full-blown ECN with no humans and with market makers trading just as we do. Does that sound even close to what we are going to get? I give it three years before it collapses under its own weight as the ECNs get stronger and stronger, IMO. Dave

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