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


To: Amelia Carhartt who wrote (35647)12/24/1998 8:38:00 AM
From: accountclosed  Respond to of 94695
 
two days ago



To: Amelia Carhartt who wrote (35647)12/24/1998 9:47:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 94695
 
They stated trading DEC22nd, I sure hope they catch on, there are
500 stocks in the total, but unlike the SPY with these you can focus
on a sector. Or long one short another..
I'm sure they would catch on if people understood them ,
they beat hell out of mutual fund trading, but people are slow
to change habits. And they have not done a fancy job in marketing
or making people aware of them, after I heard they were coming I
couldn't even find the components until a day after they traded,
and I was all over the net looking hard too.
If we don't get volume I'm afraid the spread will be large,
right now it seems OK.
Jim