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Strategies & Market Trends
Diamonds
An SI Board Since November 1998
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Emcee:  Jim Battaglia Type:  Unmoderated
"DIAMONDS": A TRADER'S BEST FRIEND

Have you heard about the newest investment vehicle: DIAMONDS (DIA)? This vehicle allows you to buy, sell, and sell short all 30 Dow Stocks in one simple transaction. Now you can have the same power as professional program traders. You buy or sell the entire Dow Industrial's Index just like one stock … and you can sell it short just as easily when you expect the market to plunge.

As you know, mutual funds are priced only once a day … you can only buy them at the close. So if I see a big move starting the next day, a mutual fund "buy" signal would miss the next day's move.

But now we can buy or sell the entire Dow Jones Industrials Index of 30 stocks, at any time during market hours, just like a stock. It's called the "Diamonds" … they trade on the AMEX, (symbol "DIA").

With one "buy" or "sell" order to your broker, transact the entire basket of 30 stocks, just like the pros have been doing for years.

And when I expect expect the market to drop, I can sell short, anytime during the day … and I don't have to wait for an uptick!!

Now Diamonds are no longer just a girl's best friend, they can be yours as well.

See how Diamonds mirror the S&P:

quote.yahoo.com

Want to know when to TIME THE DIAMONDS? Use the ACM Signal....

Subject 15441;

We will examine on a weekly basis just how rewarding trading this type of investment product.
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ReplyMessage PreviewFromRecsPosted
41 2/5/99 : Sector Spread Report This weeks has shown strength in Basic IndustrieJim Battaglia-2/6/1999
40 After close on 1/26/99. Here is the following Rankings: FastRUBE Ranking SPDR Jim Battaglia-1/26/1999
39 Thanx Jim; I love it, I think sometimes the simple is better than rocket sciencJames F. Hopkins-1/23/1999
38 Here is a article from a FastTrack Commentary that some may find helpful: &quoJim Battaglia-1/23/1999
37 Let's take a look at the Relative Strength Index of the most popular SPDRS Jim Battaglia-1/23/1999
36 James, here is another interesting comparison. A simple correlation which compJim Battaglia-1/23/1999
35 The internuts bounced, ATHM YHOO and such, AOL is the only one who has made it James F. Hopkins-1/23/1999
34 Jim: What are your thoughts on why the MDY was up today? DennisDnorman-1/23/1999
33 Thanx Jim; I don't know how you get that ranking but it looks good to me..IJames F. Hopkins-1/23/1999
32 Thanks James, I also heard that in April they are coming out with a Small Cap OJim Battaglia-1/23/1999
31 Jim ; I heard they will add a new SPDR next month XLX, it will have 15 internutJames F. Hopkins-1/22/1999
30 Those of you interested in WEBS! Here is a 3 month breakdown of those that are Jim Battaglia-1/20/1999
29 Sectors Return Report: Technology and Consumer are better performers: TotRet 0Jim Battaglia-1/20/1999
28 Select Sector results 12/23/98 XLB 1:22PM 21 3/64 +7/32 +1.05% 700 XLV 3Jim Battaglia-12/23/1998
27 Can anyone tell me why SPY beats VFINX over the past 5 or so years. ManagementLloyd Davies-12/22/1998
26 I love your internal analysis. Here is some more shocker news that happen last Jim Battaglia-12/13/1998
25 To All; What you won't see on CNBC, An Index can be a complicated animal, aJames F. Hopkins-12/13/1998
24 Jim; I've heard of them but haven't dug up any data, I'm sure I'James F. Hopkins-12/12/1998
23 Jim, that is some interesting information!! I have a question that you may helpJim Battaglia-12/12/1998
22 Jim, & all; An up date to the Dow index price vs cap weighted. -------- SamJames F. Hopkins-12/12/1998
21 Jim; Thanks for the encouragement, I have got a brain teaser right now that hasJames F. Hopkins-12/10/1998
20 Jim, I missed the 'buy above 91'. You are correct. Heretic-12/10/1998
19 I believe that your interpretation is correct. I did not trade the DIA as my pdoniam-12/9/1998
18 Well I do not trade intraday anymore but I see a little different picture. PriJim Battaglia-12/9/1998
17 Pristine Trader's suggested DIA trade would have been stopped out in the fiHeretic-12/9/1998
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