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


To: Robert Graham who wrote (2400)8/5/1999 2:14:00 PM
From: Dave O.  Read Replies (1) | Respond to of 18137
 
< think of all the pain the public has encountered on this Internet stock sell off where there has been significant forced selling based on margin calls. Will this alter the public's participation in the markets? >

Wasn't it just the other day that either NITE, SCH or EGRP said that trading had fallen off in the most recent quarter? I think a lot of the so called traders who trade via the net felt that the market only moves one way --- up. Now that we've seen a small correction I imagine a lot of them are shell shocked to see certain valuations cut in half. I'd bet a number of them will reconsider the frequency with which they trade. I'd bet at least 75% of the traders who trade via web based brokers have never shorted.

Dave



To: Robert Graham who wrote (2400)8/5/1999 2:28:00 PM
From: wallstreeter  Respond to of 18137
 
Robert i didnt mean stay short i meant pick your spots to go in and out ,the morning was perfect and easy to read.