TARP-Linked NASDAQ Government Relief Index: Not Looking Good…

Posted on January 26, 2009 by jck

NASDAQ OMX Government Relief Index {symbol: QGRI} is off 36% at 637.62 since inception (at 1000) on january 5th, the new benchmark tracks companies that are participating in the U.S. Government’s Financial Relief Plan.

Index details here

Quotes here

Options coming soon , info : Nasdaq launches options on TARP index
Current volatility: around 113%

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2 Responses to TARP-Linked NASDAQ Government Relief Index: Not Looking Good…

  1. Patrick says:
    January 27, 2009 at 4:58 pm

    Buying this thing at market would be stupid, better to set a limit order to go short under the low.

  2. ss says:
    January 27, 2009 at 2:35 am

    Due for a bounce? :)