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>The bear market means far fewer new entrants into trading.
You may have missed my point: the decision to change
from OMGA to TRAD occurred when we were in a bull
market and probably because we were in a bull market.
You seem to think they became stock brokers
*because* they saw the bear coming? I don't
think Bill Cruz is that stupid, I just think
he made a bad "trad."
BW
>From: "Patrick Gamble" <pgamble@xxxxxxxxx>
>To: "Bill Wynne" <tradewynne@xxxxxxxxxxx>, <catapult@xxxxxxxxxxxxxxxxxx>,
><bfulks@xxxxxxxxxxxx>
>CC: <omega-list@xxxxxxxxxx>
>Subject: Re: Some general questions
>Date: Mon, 26 Mar 2001 09:24:04 +0100
>
>
>.>
> > So becoming a stock broker in a bear market makes more sense? Indeed,
>you
> > can bet they decided to make the switch near the peak of the bull market
>and
> > its volume. Perhaps they looked at one of those "long only" systems,
>that
> > looked so good a year ago, and like those systems, they thought the bull
> > might last forever.
> >
>
>The bear market means far fewer new entrants into trading.
>Few new entrants means few new shrink wrap sales, which means
>they need to increase their revenue from elsewhere.
>
>The choice is between leveraging their existing base by trying to catch
>hold of the brokerage fees paid by users of Tradestation, or by
>spending dollars on fixing legacy software for which they see no big
>new market.
>
>You seem to think they should choose the second, because that's what suits
>you. Silly boys.
>
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