ETF SWING & DAY TRADING

[MetalFillBoy]

RE: cad: Up/down volume for the NDX.

cad wrote:

I think the NASI charts are important. But overall in terms of breadth, like I said, the only thing that really matters, is the daily up/down volume and issues and you don't have charts for that.


I can do this for the NDX, on any time frame from 5min to daily. If you are interested, let me know what charts you would like to see and on what time frame and I will see what I can do.

WHAT TO DO????? You asking me!?!?!? LOL! :O) I am in cash, waiting for a RSI(5) daily buy, or for the NDX to either break 1700 for a long or 1640 for a short. And many here have pointed out that the DOW usually does not lead the market, something is not right with this market. Safest bet: Go to cash. Riskier move: Maybe write a straddle around 1700 and 1640 on the NDX?? Just throwing that out there to see what ya thought. I don't trade options, but know alot about them.

Thanks for your reply!