Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (12508)	3/16/2000 12:38:00 PM
From: Hank Stamper	Read Replies (2) \| Respond to of 15132

I liked many points in your post. E.g., AMAT's growth is strong and likely sustainable; buy and hold it for the long term; don't buy on the up end of a cycle; don't sell a stock like this too soon.... Interesting chart indeed. We've all seen the chart before but I still cannot get over the huge volume increase at this (putative) top. Simply amazing. I just finished reading "The Go-Go Years: The Drama and Crashing Finale of Wall Street's Bullish 60s" by Brooks. During the last two years of that bull market the volumes had increased so much that there were great problems recording all the trades and swaping the actual stock certificates. Brokerages simply were unable to service all the trades they collected commissions on! It's almost all computerised now but, are we seeing a similar trend? I am thinking of the recent complaints against TD Waterhouse. They are having a lot of trouble servicing all the trades correctly due to the huge volume increases. I gather other brokerages are in the same pickle. Yet, they continue to advertise for more customers! And, they continue to encourage rapid trading and day trading. Ciao, David Todtman