>Of course, 24-hour trading isn't new: the currency "market" has been
>open continuously for years. Even for stocks, Instinet has been
>providing a 24x7 marketplace for many years. What's new is the idea
>that the NYSE and NASDAQ are looking to move in that direction to
>support it. That is, the retail market will be able to participate for
>the first time. How can that be bad?
Because in general the more people trade, the worse they do. Why any nonprofessional would want to trade at 6 AM or 11 PM is beyond me. Delusions of grandeur, I guess.
Doug