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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (744)8/27/2001 10:19:06 AM
From: craig crawford  Read Replies (1) | Respond to of 1643
 
9:05AM JPM Cuts Nat Gas : JP Morgan reduces Q3 Henry Hub natural gas price forecast to $2.90 from $3.25 and Q4 to $2.75 from $3.75; as a result, firm is downgrading LD and FST to MKT PERFORM from Long Term Buy, and is cutting estimates and price targets on APC and BR.

9:03AM 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.