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

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To: fut_trade who wrote (240)	9/24/1999 4:07:00 PM
From: ed doell	Read Replies (1) of 346

Thanks for the perspectives, the links, and the data today, Peter. Didn't make (or lose) any money but I did learn a lot. We ended up with 264 new lows or approximately 8% of the NYSE. It appears that you think that 10% of the market with new lows is significant. I'd agree. Sometime when you have the chance, if you could, please explain why 10% is the magic basis. Thanks, and have an excellent weekend. I'll check in to SI every once in awhile. Ed

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