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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (32490)9/10/1998 2:29:00 PM
From: Sam Citron  Read Replies (1) of 132070
 
brokers make commissions selling as well as buying

Yes, but trading volume always shrinks in a bear market, as buyers eventually stop buying the dips. Doesn't anybody remember 1974 when H. Ross Perot took a bath as his duPont Walston (the second largest wire house in the country after Mother Merrill) went belly up despite a banner year in commodities? As I remember, the NYSE was doing 70 million shares on a good day that year. That was the year that Nixon resigned!
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