Replies to post #259 on David's Trade Journal

[david_3011]

Will you provide analysis that supports AMEX and OTC being the leaders of the market?

I'm very interested to learn how you would "think" that way.

Thanks.

[david_3011]

FA- That question wasn’t intended to be derogatory. Now that I got a chance to revisit it, it might’ve come across like that. Since I’ve not heard from you, I’m assuming that’s what happened.

I was genuinely interested in hearing your analysis about AMEX and OTC as the market leaders because I’ve no idea whether they are or not. I know AMEX trading volume is only about 10-15% of the 2 major exchanges - NYSE & NASDAQ. And since it couldn’t compete with these two, AMEX has turned itself into the second largest derivative (i.e. options and futures) exchange. So, I couldn’t place AMEX as the market leader. I thought perhaps you’ve got some insights on this.

As for the OTC market, I know very little about that. I don’t trade OTC stocks except for the junior energy and gold/silver mining companies. But those are my buy-and-hold investments for the long term. Once I bought them, I seldom trade them unless something’s wrong with the companies’ fundamentals. I don’t have sufficient experience in this area to know whether OTC provides market leadership.

And so you see, I was seriously curious when I asked for your analysis. You don’t have to respond, but I just wanted to make sure there’s no misunderstanding.

Thanks