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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.07

-1.7%

Nov 13 4:00 PM EST

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To: Monty Lenard who wrote (42757)	3/11/2000 12:31:00 PM
From: Haim R. Branisteanu	Read Replies (2) of 99985

Monty, in a pair trade you assume that the weaker stock will drop faster in a weak market or will rise slower in an up market. Were rise slower can also be drop lower in an up market. All that said in the present mania pair trades did not work so well. One pair trade I recomended about a year ago worked very well. It was short LU go long NT (it is still on hte Chicken Page) Haim

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