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"<FONT
color=#000000 size=3>u need not worry about some idiot analyst
upgrading/downgradingthe stock"
IMHO, you do need
to check for up/downgrades of stocks making up the index prior to market
open. Some of these stocks take up a big proportion of the index and can
influence the overall direction. Do your homework.
<FONT color=#000080
size=2>
<FONT face="Vladimir Script" color=#000080
size=5>Rick
<FONT face=Tahoma
size=2>-----Original Message-----From: nkis22
[mailto:nkishor@xxxxxxxxxx]Sent: Thursday, May 08, 2003 1:34
AMTo: amibroker@xxxxxxxxxxxxxxxSubject: [amibroker] Re:
QQQ / SPY onlyYes, QQQ and SPY as well as DIA (dow
30). I trade these in andout, DIA can even payoff on 15min intraday bars.
100 points indow is a dollar in DIA and Dow has big swings intraday. These
haveoptions too, and big advantage is the if are in a swing trade,u
need not worry about some idiot analyst upgrading/downgradingthe stock.
Also very liquid, easy to get in and out.There are some other good
ones I follow every day. Longand short the same over and over again. I
call the "momo"(momentum) stocks.People have different
preferences. I only follow a small number.nand--- In
amibroker@xxxxxxxxxxxxxxx, "billpritjr" <billpritjr@xxxx>
wrote:> A spin off of my "one stock only" question a few weeks
ago...> > anyone out there trading (long and short) QQQ
only? > > I made the earth-shattering discovery that QQQ
and SPY could be > traded off 2/20 SMA cross technique with pretty
decent success rate > (given that you go long and short).>
> I would be of the opinion that the QQQ and SPY's inherently address
> any "diversification" concerns that may exist, so bite my tongue,
but > you could trade say for example $100,000 all year long with
them> > sorry for the simple questions> > avid TA
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