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

To: James F. Hopkins who wrote (79)6/2/1999 1:36:00 PM
From: dmccoach  Read Replies (1) | Respond to of 130
 
Jim,

I'm a novice at considering SPY and I have a few q's I thought you might help me with:

1. Should the SPY be considered as an investment tool vs. an index fund?
2. I assume the tax consequences of gains/losses is the same with trades of SPY as with a stock?
3. I assume the price of SPY has nothing to do with demand for the symbol itself (it moves up or down ONLY in accordance with the S&P 500 -- regardless of the demand for the symbol)?

Thanks,
Dan


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