Trading SPY and DIA for Fun & Profit Message Board

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Strategies & Market Trends : Trading SPY and DIA for Fun & Profit

SPY 681.89

+0.3%

Oct 31 5:00 PM EST

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To: james h. snyder who wrote (74)	11/15/1998 8:25:00 AM
From: Dale Baker	Read Replies (1) of 130

OK, here's a simple question for everyone. With the SPY at 113 and the SPX unlikely to reach new record highs this year, the risk in shorting SPY at this point is 6 points to the upside, while potential profit is 10 - 15 points. Sounds like a good trade to me, with a tight stop for the Tuesday Fed meeting. Anybody agree?

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