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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (20945)9/1/1998 3:33:00 PM
From: Carolyn S.  Read Replies (1) | Respond to of 79220
 
I thought Fidelity and Vanguard had restrictive rules to discourage fast trading of index funds. With a Fidelity mutual fund account I believe you are limited to 4 trades per year per fund, plus on many funds they have a percentage penalty if you hold a fund less than 30 or 90 days, depending on the fund.

And I know Vogel (Bogel? what's his name) who runs Vanguard also tries to discourage in-and-out trading of funds.

Carolyn S.



To: James Strauss who wrote (20945)9/2/1998 12:57:00 AM
From: SnowShredder  Read Replies (1) | Respond to of 79220
 
If you want to trade the S&P 500 like a stock you could always trade SPY on AMEX or DIA (also on AMEX)if you want to trade the DJIA. Best of Luck, Where'd He Go?

Edit: Oops Just saw Alski's post on SPY.