In other words, online investing looks like a sure thing to both investors and the companies that are climbing all over each other to offer services. Online traders will buy and sell two or three times more often than other investors. That will change. The online trading companies insist this is the wave of the future. We are a decade past the last serious crash of the stock market.
Any news is good news.
It' s pretty much taken for granted now that the market is going to go up. Two months later, the Dow Jones dropped 508 points in a day. Once-proud E. F. Hutton was brought to its knees and absorbed by Shearson Lehman. Jeff Schult is web editor for SNET Internet, Connecticut. Inc. All rights reserved.