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 : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (6337)	2/13/1999 7:35:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

James if premiums are to high sell them do not buy them. Haim

To: James F. Hopkins who wrote (6337)	2/14/1999 1:15:00 PM
From: Dnorman	Read Replies (2) \| Respond to of 99985

Jim: Re your short MDY and long SPY or SP Index fund. I took January 8th as a start date and the MDY has gone from $73.5156 to $68 and my Schwab SP500 index fund has gone from $19.67 to $19.00 in that time period. If I had done the trade I would have netted approximately 5% annualized return on a $10,000 trade in a little over a month. Not much to get excited about but better than what I actually did in January. I am trying to figure out how many additional $ if any this trade would give me to add other positions. I know that if I hold my SP500 fund for 30 days I can use it for margining other positions but does the short MDY offset this additional buying power? Thanks Dennis