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Strategies & Market Trends : Trading SPY and DIA for Fun & Profit -- Ignore unavailable to you. Want to Upgrade?

To: pass pass who wrote (19)	1/23/1998 12:16:00 PM
From: James F. Hopkins	Respond to of 130

Hi Pass; I use other indicators and they are pointing the same way. Have been since Tue morning, but are getting weaker. I like stronger indicators than I now have, but they still say south at this time. Seems one gets stronger and others back off, Down side bets should have been in TUE morn. you have spread and commisions to deal with, I'd hold down side bets already made but would not lay new ones at this time. Jim

To: pass pass who wrote (19)	1/23/1998 2:36:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 130

PP; It's time to cover shorts opened TUE morn, take profits, exit the market till Monday, depending on signs Monday morn before open it could be /long/short/or pass. Jim

To: pass pass who wrote (19)	1/28/1998 4:31:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 130

Hi Pass; Well that didn't work to good, I covered Friday, which was a good move, shorted monday had to cover yesterdayu at a loss shorted today and I'm again on wrong side of the trend, You can't count on regular TA, Stochastics or such on an Index..I've gone into the reasons on other post, and that's not what I use, still I get took out from time to time, going short but this is getting bad. I've made a lot more on the long side with SPY than the short side, in fact the short side is now eating up a lot of what I made long. It seems she is over priced but looking for any excuse to go up anyway. Jim