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[sharechat] NASDAQ


From: Phaedrus <Phaedrus@techemail.com>
Date: Tue, 18 Feb 2003 14:46:32 -0800 (PST)


Daryl,
       QQQ is the ETF (Exchange Traded Fund) that tracks the Nasdaq100 Index. 
It can be traded exactly like a stock, but is not subject to the "downtick 
rule" when shorting. Because it is so heavily traded, spreads are very narrow 
and "market" orders are quite safe.
         Phaedrus.

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