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Intel wrote:
>Well you all should be happy to know that the Merc is splitting the S&P in
>half. THey are dropping the multiplier to $250 from 500 and taking out the
>.05 ticks, so there is only .10 ticks (stsill same $25 tick change). They
>want to drop the average daily dollar move from $6,000+ to about $3,000. Also
>the "mini" is coming very soon. THey are working on the mini area right now.
>So these moves should enhance liquidity and allow the smaller players a
>chance without getting killed and then killed again. Margins will also be cut
>in half. Should happen in Sept!!!!!!!!!!!!!1
>YEehaawwwwwwww
Intel,
Hmmmmm..... maybe this is just a more ATTRACTIVE way
of getting killed. :)
Of course, lower margins will mean greater volume and
smaller specs.
YUM
Walt Downs
CIS Trading
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