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To: Jon Tara who wrote (13032)8/13/1999 8:54:00 AM
From: pae  Read Replies (2) | Respond to of 16892
 
SPY is the only UIT with significant volume. And even that pales in comparison to the futures market. There's no way that any manipulation of the UITs would have any significant effect on the market.

Good point. Do you have an alternate 'model' for making sense of the rather arbitrary 'NS'-ness of the UITs?

Usually, the markets are more than willing to take our money - why put the UITs on the "hard to borrow" list? (I am assuming that list drives the 'NS' tags.) Just big brother doing things allegedly for our own good? Perhaps we should just lump this into the same bucket as the higher margin requirements for 'certain stocks'?

datek.com

Just checked the above link. Expected to find a 70% list. Instead found a 50% list and a 40% list. Page says updated today. Has the 70% thing gone away? Hmmmm.