SI
SI
discoversearch

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.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: StockOperator who wrote (9904)4/5/1999 10:12:00 PM
From: Lee Lichterman III  Read Replies (4) | Respond to of 99985
 
Question, tonight on NBR they stated SCH was up due to a 30% increase in online trading last quarter. Suddenly something obvious hit me that I had not thought of. Is this really a good thing? Seems before the internet trading phenomonon, Schwab got few hundred bucks to buy and sell your trades but now with online trading, it is more like 20 bucks (guessing as I don't use them).

Seems to me as more and more people start trading on-line and not using their full service brokerage anymore, they should lose revenue. What am I missing here?????? I understand there aer those like my father that still do it the old expensive way but we are supposed to be tradin with the future in mind aren't we????

Good Luck,

Lee

PS - Hope this makes it as I have been getting squid errors on SI again tonight.



To: StockOperator who wrote (9904)4/6/1999 1:39:00 PM
From: Robert Graham  Respond to of 99985
 
Considering this is a down day, the market is not doing too bad. Some pullbacks of indices and key stocks, but still holding their own above important support. This down day was indicated by the strong surge up followed by the weakening market in the latter part of yesterday's trading. Also apparently cycle theory is holding true.

Interesting to note that the market's largest percent gainer and loser lists today is almost exclusively made up of relatively thinly traded issues. The volume list is made up of many of our tech favorites including DELL, AOL, YHOO, LU, WCOM, INTC, MSFT, CSCO, AMAT, SUNW, and others. Only a few from this list like LU, SUNW, and DELL are continuing to move up in this market that has been in congestion. Stocks like SUNW and LU are making new highs.

Bob Graham