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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (13588)8/29/1998 6:45:00 PM
From: esecurities(tm)  Read Replies (2) of 120523
 
"Day Traders Take Wall St. by Storm"

"...James Lee, co-owner of Momentum Trading, a large day trading firm in Houston, and president of the Electronic Traders Association, estimates day traders now account for 12 to 15 percent of the daily Nasdaq volume.

That doesn't even include the uncounted number of recreational traders who tune in to CNBC at home or in the office and trade via the Internet for a nominal transaction fee through companies such as Ameritrade..."
source: &copy [Aug 28] 1998
biz.yahoo.com
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