Replies to post #30043 on ETF SWING & DAY TRADING

[Keith K]

...thanks for sharing. Sorry for the bad trick trade made against you. Been there, done that.

...this market is resilient. NAZ bouncing off 2300 support (with pos-divs on the daily) with SOX helping to prop, and SPX off its 20sma - looks like another move up forthcoming. I've suffered (in nominal profits) by looking so much to techs, but I don't what to miss a quick move, should it come, which will only happen the day after I move out of techs -g-.

NAZ/SPX ratio has reset to a level now that sets up well for techs in May - new highs?:
http://stockcharts.com/c-sc/sc?s=$COMPQ:$SPX&p=D&yr=3&mn=0&dy=0&id=t47354179797&...


Keith

p.s. thanx for the info on program trading - interesting stuff, especially how little info is available.