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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (24310)5/26/1999 9:57:00 PM
From: Stoctrash  Read Replies (2) | Respond to of 44573
 
Judy the QQQ is an exact NDX proxy,, 1/20th the price. I'm surprised you hadn't run across that with all the hoopla about it, the SPYder, MDY, and the sector XL's over the last several months. Nice part about the QQQ is you can short it on a down tick too.

Here is a good thread on the QQQ....
Subject 26037

QQQ MDY info....
options.nasdaq-amex.com

QQQ down tick
options.nasdaq-amex.com

I don't really have one for the SOX...I use it as a confirmation on the tech side along with the MSH & IIX. When they all line up things usually rock pretty good!! "Invisible Tom" uses the BKX to confirm the SPX signals....so he gets credit for that idea.