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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: steve goldman who wrote (2159)	12/29/1997 12:58:00 PM
From: Carl H. Gotsch	Read Replies (1) \| Respond to of 4969

Steve and Thread: Am looking for an Internet service that provides real time charts on which analytics (e.g., stochastics, moving averages, etc.) can be superimposed--also in real time. Does such an animal exist? Thanks, Carl

To: steve goldman who wrote (2159)	12/30/1997 10:39:00 AM
From: TFF	Read Replies (1) \| Respond to of 4969

Steve: sjmercury.com >>>>>Bernard L. Madoff, head of a New York investment firm bearing his name, questioned whether Nasdaq ''should build a system that is going to be competing with its market-makers.'' Madoff, a former Nasdaq chairman, heads the SIA's trading committee. Emanuel E. Geduld, president of market-maker Herzog, Heine, Geduld Inc., noted that while brokerages' participation in the order file would be voluntary, they would be competing with NASD -- a self-regulatory organization for the dealers. ''They're about to become my competitor,'' he said, contending that would create an unfair advantage for the NASD, which could undercut brokerage competitors. Am I missing something? Won't this new system essentially eliminate market makers? These guys seem to be missing that point.