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

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To: fut_trade who wrote (322)	11/5/1999 5:15:00 AM
From: JDinBaltimore	Read Replies (2) of 346

Peter, Thank you for responding, here is what I've found about the indicator so far. I use realtime data provided by Quote.com their symbol for SP9Z futures 500 is EPREM.X. You are correct in you're time frame assessment (very very short term indicator) about 5 minutes. But if you're doing any day trading it may be worth a look. If you have access to that indicator, take a look at 2:00 from yesterday on a 15 minute chart. The indicator predicted the rise from 5+ to 10+ on the SPX. I didn't play just watched. You would have had about 5 minutes to get into positions for 4.5+ points. Then at 2:30 indicator reversed taking SPX from +10.11 to +1.99 before reversing again to the close of 7+. It's got my attention for awhile. Thanks again for the insight. Best Regards JDinBaltimore

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