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Strategies & Market Trends : Point and Figure Charting
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To: james ball who wrote (7735)9/24/1998 2:55:00 PM
From: Dipsey  Read Replies (1) of 34811
 
Tom D.

Without having had an opportunity to read the article, yet.

- It sounds as though they re paraphrasing a long ago comment
from General Bullmoose.

On the face of it:

Merrill's objective is to generate returns for Merrill, and
the investor is the vehicle. Losing investors to independent
online trading is to lose income.

I do not have access to pertinent data, but I would venture a
guess that the average online investor has fared better than
the average Merrill investor, especially in a down market.

Regards, Dipsey

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