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11/18/2008
Tuesday morning
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| But just as the incredible Internet stock rally is being fueled by a
spike in online activity that few ever imagined, its only a guessing
game to predict when the surge in online trading may plateau. |
| One that comes to mind is the E*Trade ad, with a bunch of cool
yuppie-type individuals saying, were not relying on the government,
our pension, any inheritance, etc, because we trade online... The
ads seem to promote daytrading and online trading as the
foundation for most anyones financial future. Geesh, give me a
break. |
| Ameritrade Holding, a company that helped set off an industry price war
with an $8-per-trade offer, estimates that it handled an average of
32,000 trades per day during the final three months of 1998, an increase
of more than 30 percent from the prior quarter. National Discount
Brokers is now handling between 10,000 and 12,000 online trades a day,
up from 8,000 back in late November and early December. |
| He is among a group of traders, some seasoned, who were reluctant to
make the switch from their reliable remisier to online trading.
They have missed out on many of the benefits of online trading, some
industry experts say. |
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FreeRealtime.com FRTI trading 5s- to Offer Online Trading
To: Kenneth M. Koff, CPCU (182 )
From: songw
Wednesday, Dec 30 1998 7:43PM ET
Reply # of 183 |
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