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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: George Statham who wrote (99977)6/18/2011 10:20:07 AM
From: FLACK  Respond to of 100058
 
George, yes, that's a thing with SDS, as it trades
off market hours and more in line
with the S&P 500 futures market.
I don't know if this is a bottoming or not.
On a weekly basis, the S&P is at a virtual standstill.
My gut says that we'll go lower and have a slow summer meltdown.
If it is slow, it will be difficult to do many profitable day trades and any gap reversals will drive you nuts.

Have a good weekend.


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