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In a message dated 98-08-25 17:07:14 EDT, you write:
<< of course, in practice, it may proved to be difficult to sustain such
a strategy, especially if the trade has to go thru quickly. But I
guess such trading may be profitable by purely picking up dividends.
Just thinking aloud...
hum
happy tra-ding. >>
brokrage houses practice this for years but with div yeilds down and no
buyer ahead of the transaction makes it more difficult to do now,
(this only works for institutions as they can sell stock back at SAME PURCHASE
price)
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