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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: SE who wrote (5759)	2/17/2001 10:49:55 AM
From: Michael Watkins	Read Replies (1) \| Respond to of 8925

Well we can be thankful at least that the inane 'come join the market and you can strike it rich too' ads are long gone. 'Stuart' hasn't been spotted in ages. At least his boss picked KM which hasn't been decimated LOL! it sure seems as if we have witnessed something on a market wide scale that we might not see again for a long time Yes, it sure seems unlikely that the massive public participation seen over the past few years will be met and exceeded again. Lots of buy and holders and mutual fund owners will probably be spawned from the current generation. Many people were drawn to the market to be more in 'control' of their destiny (or become Stuart I guess!); people who like to be in control typically back way off when its evident that they aren't (or can't be) in control. I certainly see my own circle of non-trading friends pulling way back; quietly licking their losses and becoming long term holders and mutual fund buyers. I guess the other factor in reduced ads is that with individuals trading less frequently, the revenue for brokers is down and advertising as a percentage of revenue is probably not going to be increased in this environment...