Stockmarket and the internet - Alpha Centauri Forums

  Alpha Centauri Forums
  Non-SMAC related
  Stockmarket and the internet

profile | register | prefs | faq | search

Author Topic:   Stockmarket and the internet

Veracitas posted 05-27-99 01:42 PM ET
I am conducting research on the effects of the internet on the stockmarket and thought about opening an open discussion forum to get different people's views and opinions about this matter.
I have just started, so I have little concrete evidence backing me up at this point, but I see a few issues uprising...
I know that the internet has given access for the common person to participate in the market. In a short-term perspective, this has add a new, volatile perspective to the stockmarket, with daytraders and such driving up prices at pheonominal rates. The resource of such companies has expanded immensely from the many trickles of money from the average person. But what are the long-term consequences? What will happen if a bear market suddenly turns up and all the average people start to lose faith in the market and pull their money out? Without broker restrictions, this is easier to do than, say, on Black Monday when brokers decided to just stop trading.
Well, I hope that people respond, I would appreciate your comments.
DanS posted 05-27-99 01:51 PM ET
Well, it seems to be reducing transaction costs drastically. This is a good thing, especially for the little guy. It makes investing approaches like dollar-cost averaging more realistic.
To close this thread, click here (moderator or admin only).


Hop to:

Contact Us | Alpha Centauri Home

Powered by: Ultimate Bulletin Board, Version 5.18
© Madrona Park, Inc., 1998.

Author	Topic: Stockmarket and the internet
Veracitas	posted 05-27-99 01:42 PM ET I am conducting research on the effects of the internet on the stockmarket and thought about opening an open discussion forum to get different people's views and opinions about this matter. I have just started, so I have little concrete evidence backing me up at this point, but I see a few issues uprising... I know that the internet has given access for the common person to participate in the market. In a short-term perspective, this has add a new, volatile perspective to the stockmarket, with daytraders and such driving up prices at pheonominal rates. The resource of such companies has expanded immensely from the many trickles of money from the average person. But what are the long-term consequences? What will happen if a bear market suddenly turns up and all the average people start to lose faith in the market and pull their money out? Without broker restrictions, this is easier to do than, say, on Black Monday when brokers decided to just stop trading. Well, I hope that people respond, I would appreciate your comments.
DanS	posted 05-27-99 01:51 PM ET Well, it seems to be reducing transaction costs drastically. This is a good thing, especially for the little guy. It makes investing approaches like dollar-cost averaging more realistic.