Shorting SPY for fun and profit. Message Board

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

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To: fut_trade who wrote (180)	9/23/1999 4:55:00 PM
From: ed doell	of 346

The New Highs/New Lows and Advance/Declines are looking very sick. I still haven't found an optimal way of plotting them, but the New Highs-Lows always tank before a major correction or crash. I think the Nas and SPX will go with the INDU. I agree with everything you say in your comments above. Recently sometimes on a percentage basis the one minute lines of the SPX and INDU are glued on-top of one another. But at some point I expect them to diverge if things really get nasty with the SPX more stable than the INDU. I realize this is kind of the opposite that one might expect, but looking at the charts, that's the sense I get. Time will tell... it always does! Peter, I appreciate our "conversations" and the best of luck to you in your stock-work, Ed

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