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validating xml containing & and /

From: "Larry" <dontmewithme@---.-->
To: NULL
Date: 4/9/2009 12:57:00 PM
Hi,

   I'm having trouble with the following XML file:

<?xml version="1.0" standalone="no"?>

<!DOCTYPE refresh [
<!ELEMENT refresh (index+)>
<!ATTLIST refresh time CDATA #REQUIRED>
<!ELEMENT index EMPTY>
<!ATTLIST index cat CDATA #REQUIRED>
<!ATTLIST index fla CDATA #REQUIRED>
<!ATTLIST index nam CDATA #REQUIRED>
<!ATTLIST index tit CDATA #REQUIRED>
<!ATTLIST index var CDATA #REQUIRED>
<!ATTLIST index val CDATA #REQUIRED>
<!ATTLIST index lis CDATA #REQUIRED>
<!ATTLIST index mar CDATA #REQUIRED>
<!ATTLIST index rtm CDATA #REQUIRED>
]>

<refresh time="20">
<index cat="0" fla="ITA" nam="S&P/MIB" tit="SPMIB" var="+0.66%" 
val="17050.000" lis="1" rtm="1" mar="0" />
</refresh>

xml validator fires an error when "S&P/MIB" occours...what am I doing wrong? 
are those bad chars?

thanks 



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