Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Bonnie Bear who wrote (24078)	8/12/1998 6:38:00 PM
From: yard_man	Read Replies (1) \| Respond to of 94695

Thought of you when I saw this. Don't know if there's anything to it or not -- just passing it along: biz.yahoo.com

To: Bonnie Bear who wrote (24078)	8/12/1998 11:20:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Hi Bonnie; Well the spy has been steady gaining in popularity, they said it set a record last Wednesday. If you remember I posted I wish I had got the MDY the other day instead of the DIA, well I should have got it yesterday it gaped up today, but instead of chasing it I went back to the DIA. I do think the MID caps are now going to converge towards the S&P, the divergence is past it's normal limit, and in fact it started converging today. PESPX is a no load that tracks the MID cap, I guess one could short the SPY , then go long an equal amount of Dollars in the PEXPX, and have a hedge that just plays off the divergence. It would be a bet on them converging. I sure wish they had a spider for the small caps. Jim