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Strategies & Market Trends : Trading SPY and DIA for Fun & Profit -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (75)	11/15/1998 12:25:00 PM
From: james h. snyder	Read Replies (2) \| Respond to of 130

i think it makes sense to short the spy, especially if the fed DOES NOT cut rates, factor in any international war situation that might still take place, you've got chaos. and many think that a rate cut has already been factored in. no rate cut + international chaos = $$$$$$$$$ to be made by shorting the spy. i think this strategy can work but always have an upside mental or real stop out point to easy the pain. let me know what you do and i'll do the same. good investing p.s. what on-line broker do you use, i'm thinking about getting out of waterhouse, your thoughts would be appreciated. j