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Maybe the internet index options (INX) or the Morgan Stanley Hi Tech options
(MSH).
-----Original Message-----
From: Gila Brock <brock@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Saturday, January 23, 1999 12:00 PM
Subject: GEN: market surrogate?
>Since so many of you have posted strong evidence of a sharp decline in
>the next week or two, whether based on Blue/Red Moons, Elliot wave
>counts, divergences between indices and standard technical indicators,
>etc., I'd like to ask the following:
>
>I don't trade options or futures. I'm a stock daytrader. If one wanted to
>short stocks when the market started selling off, which stocks do you
>think are the best market surrogates? It used to be CCI and MER on the
>NYSE, but I'd prefer to trade the NASDAQ. The internet stocks or the tech
>stocks might sell off sharply, but in general, I'd like to find a couple
>of market surrogates.
>
>Any suggestions?
>
>Gila
>
>
>
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>"Who is rich? He who is happy with what he has." -- Ethics of the Fathers
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>
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