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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (29267)	11/24/1997 1:30:00 AM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 58727

jgcordes; RE:" the indexes often move faster than the news " (1) On the futures trading floor, how much of what they do is local, in the sense of traders dealing with price movements and nothing more; and how much of it is remote, in the sense of traders fulfilling orders originating from outside their environment? (2) Explain the AMEX:SPY "S&P Depository Receipts" thingy to me. It appears to be like a stock that people can buy or sell, which is the S&P index, rather than trading index options, which are inherently more risky (because of leverage). -Steve