any ideas what you could use in place of gm (impossible to borrow) in a short stock basket..ie dow basket??? options won't work because strategy is used on the open...
i need to track intraday. open / close positions within an hour or two... long term yes...short term????
try http://www.market-topology.com/ 40 correlations decreasing from top Price Avg. Daily Stock code Description Corr. -------------------------------------------------------------------------------- GPM.N GM CORP CONV C 90 % GBM.N GENRL MOTOR 76 % F.N FORD MOTOR CO 69 % DCX.N DAIMLERCHRYSLER 63 % RSP.A RYDEX ETF TRST 59 % TY.N TRI CONTINENTAL 58 % DVY.N ISHARES DJ SEL 57 %
Cant you sell a single stock future? Dont see how that would be impossible to borrow. Or sell a Contract for Difference.