SPDR S&P 500 (SPY): Hi, learning. Yep, it's above zero now....

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Re: learningboutinv post# 53544

Tuesday, 06/24/2008 1:28:57 PM

Tuesday, June 24, 2008 1:28:57 PM

Hi, learning. Yep, it's above zero now. Yesterday, QLD couldn't quite push CCI-144 above zero. It came real close, then started dropping. Today, although the price started dropping and there was a 3/8 cross, it never dropped below the next lowest "trigger," which happens to be -50. So, you hold and wait. In this case, the price came back up and pierced zero. You've got to keep your eye on those "triggers." Two

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