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Strategies & Market Trends : Shorting SPY for fun and profit. -- Ignore unavailable to you. Want to Upgrade?


To: JDinBaltimore who wrote (323)11/5/1999 7:36:00 AM
From: fut_trade  Read Replies (1) | Respond to of 346
 
Thanks for the info.

I would probably not be able to take advantage of quick small moves trading SPY with E*trade. There sometimes are delays placing orders through E*trade and then there is the Bid/Ask spread on SPY that would essentially eat up any profits on small moves. Also, SPY doesn't track SPX exactly on small moves. Do you have a trading system that would be profitable on small, fast moves on the SPX?

I notice that SPX futures are positive by about 3.5 points at this time. Could be another up morning.



To: JDinBaltimore who wrote (323)11/5/1999 8:35:00 AM
From: fut_trade  Read Replies (1) | Respond to of 346
 
SPX Futures up 15 points now. Must have been a good jobs report. That pennant should fly today.

Average hourly earnings rose 0.1%, below the expected 0.3%.

SPX Futures up 20 points now.