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Strategies & Market Trends : KEEP IT SIMPLE TRADING

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To: Michael Watkins who wrote (186)2/20/2004 10:51:01 AM
From: Michael Watkins  Read Replies (2) of 321
 
Hey, speaking of an ETF not comparing well to the underlying real world, look at the daily bar of TTH.

Perhaps one task might be to locate the ETF's that best represent an underlying market - best meaning both correlation as well as trading volume.

These ugly spiky bars such as TTH has today happen too frequently on thinly traded ETFs, in part limiting their utility.

(And lobby for the complete elimination of specialists and market makers and ETNs... they are part of the problem as well.)
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