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

To: James F. Hopkins who wrote (86)12/20/1998 12:00:00 PM
From: Dale Baker  Read Replies (1) | Respond to of 130
 
Jim, how does the SPY look to you on a TA basis? It tested the 119's again on Friday. If it drops on Monday it looks ripe for another short. Had it from 118 to 114 last time.



To: James F. Hopkins who wrote (86)12/21/1998 9:10:00 AM
From: Dnorman  Read Replies (3) | Respond to of 130
 
Jim: I am planning on doing this spread but I have some questions for you. What is your short term outlook on this market? If you buy now the MDY is paying a dividend on Jan 29th. Would you sell positions on the 28th for re-entry on the 30th? It also looks like the MDY short should be entered just before the market close to match the index funds price.

Dennis


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