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I can't comment on SPY but the QQQ is a wonderful proxy for NAS-100, with
high liquidity (much higher volume than SPY), narrow spreads, no uptick
rule, and fairly good spreads in the extended session.
Jerry Rehert
grehert@xxxxxxxxx
http://groups.yahoo.com/group/tradingtheqqq
----- Original Message -----
From: Denis Brink
To: OMEGA-LIST~~ESKIMO
Sent: Monday, June 24, 2002 9:14 AM
Subject: SPY
Would anyone comment on trading SPY as a proxy for the index; are there
any
serious disadvantages such as spread, correlation, difficulty of shorting
or
others?
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