Auric Goldfinger's Short List Message Board

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Non-Tech : Auric Goldfinger's Short List

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To: lindend who wrote (2907)	8/18/1999 3:37:00 PM
From: Q.	Read Replies (1) of 19428

I made a pair arbitrage today, shorting VIGN and going long an equal dollar amount of AMZN. I did this to play the lock-up expiry while removing some of the sector risk. I chose AMZN for the long side because I wanted something that was very liquid and with good correlation with VIGN. AMZN doesn't have perfect correlation with VIGN, but it is better than YHOO: tscn.com

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