  This paper investigates the possibility of suppressing the ionization rate in
a magnetostatic trap of metastable neon atoms by spin-polarizing the atoms.
Suppression of the ionization is critical for the possibility of reaching
Bose-Einstein condensation with such atoms. We estimate the relevant long-range
interactions for the system, consisting of electric quadrupole-quadrupole and
dipole-induced dipole terms, and develop short-range potentials based on the
Na_2 singlet and triplet potentials. The auto-ionization widths of the system
are also calculated. With these ingredients we calculate the ionization rate
for spin-polarized and for spin-isotropic samples, caused by anisotropy of the
long-range interactions. We find that spin-polarization may allow for four
orders of magnitude suppression of the ionization rate for Ne. The results
depend sensitively on a precise knowledge of the interaction potentials,
however, pointing out the need for experimental input. The same model gives a
suppression ratio close to unity for metastable xenon in accordance with
experimental results, due to a much increased anisotropy in this case.
