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Strategies & Market Trends : Trading SPY and DIA for Fun & Profit
SPY 681.89+0.3%Oct 31 5:00 PM EST

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To: DD™ who wrote (3)9/5/1998 11:29:00 AM
From: Darth Trader  Read Replies (1) of 130
 
DD and Friends: I would like to encourage chat of this topic.

Shorting SPY on the current downtrend and going long with DIA when the market finally turns up is more suited to my temperament than playing with index options.

Currently using simple 5dMA as a mental stop loss and common sense for closing, ie. covering SPY short last Friday, because I feel the market will pop next week with the much heralded Labor day rally.

Greed got the better part of me last Monday, I could have have covered for a large gain but held out for more.

These sites will provide quality charts, if anyone has additional sites that allow for quality printing please advise.

pcquote.com

iqc.com

investools.com

-------> May the Trend be with You <---------------
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