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Strategies & Market Trends : Classic TA Workplace

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To: marginmike who wrote (45446)7/12/2002 9:49:35 AM
From: AllansAlias  Read Replies (1) of 209892
 
This morning illustrates a common problem with Rydex trading. Since dynamic fund trading takes place at 10:45, one does not have the chance to cash in on a gap-up. The odds favoured a gap-up today, as was mentioned here by a few people, but if one is holding Rydex, which I was yesterday, one is guessing that price will not get back under the previous day's close on early weakness.

It is striking how often the low or high of the day is made between 10:15 and 10:45, as you well know.
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