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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Jim S who wrote (8525)10/23/1998 10:38:00 PM
From: MrGreenJeans  Read Replies (1) of 42834
 
Jim

I agree.

Furthermore, all of the S&P 500 issues would have to make a simultainious split.

Just to clarify this point for those not familiar, the S and P 500 issue being the underlying, would have to split first in order for the SPY, the derivative instrument, to split. That is because the derivative is based on the underlying not vice-versa.
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