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Strategies & Market Trends : Trading SPY and DIA for Fun & Profit
SPY 681.89+0.3%Oct 31 4:00 PM EDT
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To: james h. snyder who wrote (76)11/16/1998 4:29:00 AM
From: Dale Baker   of 130
 
Futures are up so markets may go up in anticipation of a rate cut. I wouldn't play the SPY either way until you see a clear downtrend. Unless you want a quick daytrade on the long side. Even then I would watch it closely and be ready to bail. The futures could be a head fake for a positive open followed by a pullback.

In short, who knows?
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