SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Nanlin Chiang who wrote (21022)4/14/1999 2:13:00 PM
From: Patrick Slevin  Respond to of 44573
 
I did trade it, for a time. But I never had the "feel" for the DJIA that I have for the SnP. It was easier before because the SnP traded somewhat in sync with the DJIA but as of late the broader market is not reflected well in the DJIA, I believe.

Also, generally I trade the Large Contract which is $250 per point so the risk/reward is higher. The Small contract I usually only use for position trades so that I don't cross trade myself.

And then the Large Contracts take stops and aren't affected by TOPS outages and so forth so the edge of the DJ disappears. It's a nice idea but the way the DJIA has been trading for the last several months I just can't get a handle on it.

It's funny because I cannot count how many times after work someone asks how the market was and I say down because the SPX was down but then they see on the television the DJIA was up 10 or whatever and they think I have a screw loose.



To: Nanlin Chiang who wrote (21022)4/14/1999 2:23:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
By the way, I just checked that Tradehard site. How have the signals been, consistent?