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In a message dated 2/10/00 4:23:59 PM Eastern Standard Time,
Mmangiafico@xxxxxxxxxxx writes:
<< My point to this post is simple: Is it really appropriate to trade the S&P
anymore, since NASDAQ is all that matters? Analysis of the S&P really does
not matter if the NASDAQ continues on such a crazy move, as it will negate
movement, up or down, in the S&P. Anyone notice the S&P has really gone
nowhere in 3 weeks.
mm
>>
hello
Think of the margin power you get when you are long ND and short SP
(about 1/2 the normal margin)
and your statement that the SP did not go anywhere in 3 weeks is incorrect
when i got stopped out yesterday it was at a VERY nice profit
(if you remember i was long from 50 and 55 hours exp. m/a and also from
50 and 55 day exp. m/a and from 89 hours)
also remember how much money is made from short the 12 1520 march calls
and long the Feb 1400 puts
hope this answer your statements
Best regards,
Ben
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