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Politics : Sioux Nation
DJT 11.80+2.6%Dec 4 3:59 PM EST

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To: SiouxPal who wrote (13012)4/9/2005 10:20:18 PM
From: DayTraderKidd  Read Replies (1) of 361382
 
I think at this point shorting the diamonds could lead to pain. Not big pain but pain none the less. I base that off the moving averages in the monthly timeframes and the monthlies have the longest term implications. Also, I am assuming you are talking about spy and dia. Someone might have better luck with the QQQQ below 35 and then only if the moving averages follow them down to that level. I also think the smh is clearly the weaker of the two between the qqqq and the smh.

I answered you this morning concerning pfsd but I don't think the pst went through. I am not in it right now. Just watching it from the sidelines. In it one day, out the next. Sucks being a flip flopper....
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