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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?

To: Michail Shadkin who wrote (5412)8/26/2001 10:06:17 PM
From: doubtit  Respond to of 6873
 
EXPE - I have been a partner in a travel agency for the last 20 years. I just ran a report to compute the impact of the $20 commission caps on my agency's airline commissions.

A 30%+ hit .....OUCHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH! (If all the airlines cap domestic commisions at 30%.)

At this point Delta, AMR and UAL have capped fares, and if history repeats itself (it has over the last 4 commission cuts) all airlines will cap soon.

EXPE should be guiding earnings down SOON!



To: Michail Shadkin who wrote (5412)8/27/2001 9:18:17 AM
From: T L Comiskey  Respond to of 6873
 
09:03 ET Margin Requirements Raised : WSJ Online reports that the NYSE and NASDAQ are raising the minimum equity needed
by "pattern daytraders" to trade on margin to $25,000 from $2,000. A "pattern daytrader" is defined as someone who executes
at least four daytrades in a single week.


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