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Strategies & Market Trends : Shorting SPY for fun and profit.

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To: fut_trade who wrote (131)8/19/1999 8:15:00 PM
From: ed doell  Read Replies (1) of 346
 
I find your point very interesting. My thinking has been similar for some time now, but I would have preferred to have caught this last "rally" on the PPI CPI.

What has made me hesitant has been the nature of the intraday volatility, particularly the recent tendency for unpredictable moves toward the close of trading.

But I ask myself, what's out there that could move the market upward? My answer is AG's 1/4 increase or no increase on Tuesday. Both have seemed rally makers to me that could sting me short term.

I appreciate our dialog and hope that it continues.

Ed
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