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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Copeland who wrote (75024)	12/11/1999 5:18:00 AM
From: lee kramer	Read Replies (1) \| Respond to of 120523

Copeland: I too heard a while back that the NYSE & NASDAQ wanted to sharply increase margin buying power. Kinda scary. Brokerage firms make a lot of money on margin accounts via interest charged on borrowed money. This has been true for as long as I can remember. There's quite a lot in common between brokers and bookmakers; both love to see their clients in "action"; both try to balance their positions; both make their money in the form of "commisions." I'm not knocking it, that's simply how it is. (Lee)