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Strategies & Market Trends : Trading SPY and DIA for Fun & Profit
SPY 687.390.0%Oct 29 4:00 PM EDT
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To: Dale Baker who wrote (125)12/1/2000 11:59:15 AM
From: Howard Clark  Read Replies (1) of 130
 
Yes, the SPY is less volatile than XLK, thus the 4:1 ratio. My little play is designed to be tech-neutral if I've done the numbers right.

If tech takes off from here, I may get killed percentage-wise on the XLK short, but in dollar terms I should be alright unless the non-tech part of the S&P craters.

Thanks for your comment.
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