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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (12696)	4/9/2001 9:28:15 PM
From: LPS5	Read Replies (1) \| Respond to of 18137

you can all see what this was desinded for..to squeeze a few more pennies from the poor retail traders unaware of it's intention ROFL! "Poor"? Decimalization was initiated to make involvement in the equity markets more intuitive, and therefore easier to participate in, for retail market participants. And if the regulators had nixed the plan, it would have been a conspiracy against the retail folks, right? :) LPS5

To: $Mogul who wrote (12696)	4/9/2001 9:36:42 PM
From: aldrums	Respond to of 18137

you can all see what this was desinded for..to squeeze a few more pennies from the poor retail traders unaware of it's intention... oy vey Mogul, You can't be serious, this is the 21st century. Last time I checked I was paying for goods and services in dollars and cents, not pieces of eight. This is a logical transition...I would have preferred the nickel increment but oh well. There is no "intention" as you call it, and the switch to decimals wasn't designed to make YOU lose money. It's a new reality for ALL traders, and that's all. Alex