Sunday, March 26, 2006 9:27:27 AM
You make very good points about the size of the market and I agree.
After reading many posts and looking at the demo, I think many investors, including myself, find that the Spooztool is complex and might be preliminarily just for the professional traders.
But wait a minute. Over time, the Spooztool will most likely be connecting to more markets overseas and right here in North America, including Canada and Mexico. I know that I'm getting killed on trading fees using my Scottrade broker who then contacts another trader to buy on the Toronto and Vancouver Exchanges. Which makes me wonder, what brokerage firms are associated with the Spooztool?
I probably have stated all of this in a long winded way, but I believe that the market for Spooztool is or will be greater than we expect. Heck, there might even be special discounts for trading clubs. Who knows where this product will expand too.
I know one thing for sure. This world is changing very fast and so are the markets. We might be facing a time where most of the growth stocks will be overseas in the Far East and elsewhere in the world, aside from the United States. For example, last year I owned one Canadian stock and now I have over ten.
This technology has the potential to really connect its users to all over the world through a web of brokers.
sumisu
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