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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: Robert Graham who wrote (1254)7/15/1998 2:56:00 AM
From: jawd  Respond to of 2120
 
Didn't I hear somewhere the Nasdaq and NYSE are going to merge into one big electronic system?



To: Robert Graham who wrote (1254)7/15/1998 8:23:00 AM
From: Roman S.  Read Replies (1) | Respond to of 2120
 
If we all shifted our money to the NYSE, that in itself would cause it to be volatile.



To: Robert Graham who wrote (1254)7/15/1998 9:24:00 AM
From: peter n matzke  Read Replies (2) | Respond to of 2120
 
Robert,

You imply that MM's provide a service. MM's provide no service to any individual investor. They will walk away from from any stock, refusing to provide a bid or offer. I have been involved in a member of the SPX when all the MM's backed away, no bid, no offer.

MM's have never provided a service to the individual investor. Their sole objective is to take as much of your money as possible.

MM's are crooks. I hope a few of them are finally sent to jail where they belong.



To: Robert Graham who wrote (1254)7/15/1998 10:43:00 AM
From: Darren  Respond to of 2120
 
I like your idea about moving to NYSE, a much more fair market that already has an electronic book. But then we would have to give up the volatility and electronic day trading which many are not willing to give up.

Cybertrader allows NYSE orders. Many people trade it.