ETF SWING & DAY TRADING

[KovuLK]

capt_jmj re: etfs that do what CJ suggests


I am thinking about the same thing. Can you set up a chart that compares EWJ to NIKK on a day to day basis, or the NIKK is up one day (US evening) and then the EWJ is up the next US day?? I could use 'compare' on BigCharts if I new a symbol for NIKK that they will accept. I did at one time and it was an eight(?) digit number/letters. The trick would be how daily correlated is EWJ to NIKK. The formula would be; the US markets are up big in a day, you buy EWJ sometime before the close, the NIKK bounces up afterwards (our nitetime), and then there is follow through on the EWJ the next day. HOWEVER, if the US markets are down that next day, the EWJ could be a wild card. Again, whats the correlation on a day to day basis between EWJ and NIKK??

Thanks
kovu