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To: pater tenebrarum who wrote (70805)10/21/1999 12:29:00 PM
From: BGR  Read Replies (1) | Respond to of 86076
 
Heinz,

If the volatility is to their advantage, then certainly they are not making use of that, as on line trades are actually slowing down (if you don't believe this, ask the mythsters specializing in Chukie, as they lovingly call Charles Schwab).

It is not to their advantage, as most are lately getting whipsawed.

Liquidity is a critical factor for efficiency, BTW.

-BGR.