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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

4:00 PM EST

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To: StockOperator who wrote (9904)	4/5/1999 10:12:00 PM
From: Lee Lichterman III	Read Replies (4) of 99985

Question, tonight on NBR they stated SCH was up due to a 30% increase in online trading last quarter. Suddenly something obvious hit me that I had not thought of. Is this really a good thing? Seems before the internet trading phenomonon, Schwab got few hundred bucks to buy and sell your trades but now with online trading, it is more like 20 bucks (guessing as I don't use them). Seems to me as more and more people start trading on-line and not using their full service brokerage anymore, they should lose revenue. What am I missing here?????? I understand there aer those like my father that still do it the old expensive way but we are supposed to be tradin with the future in mind aren't we???? Good Luck, Lee PS - Hope this makes it as I have been getting squid errors on SI again tonight.

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