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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (21950)3/8/2000 5:40:00 PM
From: Steven Finkel  Read Replies (1) | Respond to of 57584
 
sounds like you executed a sound plan, Rande. sooner or later, the quality drug stocks HAVE to rebound. By your tone, do you really think the tech sell off through the summer is here already? If so, maybe it is time to consider a "summer alternative" port a little earlier than you might have wanted to. It really is hard to tell other than the really high fliers which techs will sell off over the next few months. In fact, I think a task for the thread should be to try and figure out next fall's highfliers now. If you look back on jdsu, vert,etc I think that most of these showed slow and steady price appreciation over the summer before running wild in the fall.



To: Rande Is who wrote (21950)3/8/2000 6:54:00 PM
From: lightfoot  Read Replies (1) | Respond to of 57584
 
*OT* Anybody else think IBM would be higher if it traded NASDAQ??

I'm asking why no mention has been made that perhaps some of the DOW's drop can be attributed to the traders prefering the NASDAQ ECN's versus the NYSE DOT system for execution speed and liquidity.

I prefer to trade a NASDAQ stock over a NYSE or AMEX stock for intraday swings anytime. I find the volume representations to be equally as bad at times, but overall the ECN's seem more accurate. And many others have chosen ECN's as their favorite place to shop for stocks.

The sad fact might be that the NY Stock Exchange may be to slow to change. The first company ever moved from the NYSE to NASDAQ recently, maybe the first of many to come.

We had some recent press coverage on Mr. Schwab's comments on proposed trading changes that should be enacted. It seemed like Mr. Schwab had read one of Rande's posts on the subject.

Better documentation of all trades on a daily basis, including a daily short ratio & Inventory. His counterparts all pooh poohed the ideas, but it really needs to happen. I think we should all be able to see in real time if someone is selling what he owns or selling it short. And a real time short ratio to float.

Is it just me or does the idea of accurate up to the minute inventory not apply to retail stocks?? A computer would only need to know the float and then calculate the sale as to a buy, buy to cover, sell, or sell short. 4 choices in the entry to the NASDAQ time & sale and the float number and we have a real time accounting system for % short/long ratios. Every other retail outlet that I know of accounts for their inventory in this way with their computers. I think we need to get the stock markets to make these changes to benefit the consumer.