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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (1072)	6/19/1999 2:54:00 PM
From: TraderAlan	Respond to of 18137

KM, I'm sure they've lost clients. But you have to figure their turnover is 90%+ in a good market anyway so their business model already assumes they have to constantly refresh the supply. No doubt there are new traders ready to go if this is the bottom. Don't think we'll see the lunacy of Oct-Jan but who knows. When the media picks up a trend, it often means the trend is over. But short-term trading is a natural outcome of the connectivity revolution and is likely fortelling the nature of 21st century markets worldwide. The real risk for MB/Cyber etc are the discounters who will look like EDTs in a couple of years and lower commissions to the breaking point to drive these little guys out of business. Alan