SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: donald sew who wrote (4655)4/2/2001 1:01:38 PM
From: Jack T. Pearson  Read Replies (1) of 52237
 
Don,
Re: Shorting the DOW. Are you shorting the DOW or the S&P 500? I know you use Profunds. Are you using any other instruments? I've had good results using Profunds in spite of buying them through a broker who requires fund orders 90 minutes before the markets close. I'm getting ready to sign up with Profunds directly. I believe you can place orders with them as close as 10 minutes to the market close.

I think if the DOW drops significantly, it will drag the NASDAQ down with it. The NAPM index number was up, but the Chicago NAPM number released a couple of days ago was way down. The inconsistency bothers me. I am losing confidence in sources of data I typically use to assess economic and market fundamentals. As a result, I am both more conservative and more dependent on technical analysis.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext