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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (2524)2/2/2001 7:13:18 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 15481
 
Hi Jorjie- long time, no see.(g)

Thought you'd like to see this - from Fleck, last nite -

Do not adjust your set. . . Here's an interesting factoid for those of you who keep score on the
Nasdaq volume. Beginning today it will be a lower figure, even if activity is the same as in the
past. That is because, as I understand it, dealers that are involved in "riskless trades" will not
double-count the volume.

This bit of trivia is not a market-moving news item, but since many people of a technical
persuasion look at volume, I thought it was important to pass along that these statistics are
about to change. What percentage of which stocks will be impacted on this, we don't know yet.
One of the dealers I spoke to said that they are trying to get a handle on that and would let me
know when they did. I'll pass the information along if it's of any use.

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