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Zeev Hed

07/08/04 1:55 PM

#266842 RE: chanyu8 #266837

Yup, but still according to plan...took my loss on ONXX here at $40.06 $.78.


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george8

07/08/04 1:57 PM

#266845 RE: chanyu8 #266837

Extremely narrow trading ranges and low volume are here to stay. Look at ET AMTD SCH etc. are all breaking to the down side. What a true leading indicator!
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Train Guy

07/08/04 2:04 PM

#266858 RE: chanyu8 #266837

I heard this complaint yesterday. You guys are playing the wrong stuff. The DJIA has had about 300 points of wiggles today. You can play it with DIA, but that costs a fortune. Play the YM emini, every point is $5. It only costs $1250 to play one contract. If, and that's a mighty big if, you were good playing wiggles, you could have done 100% today. And we still have two hours to go.

Any day I take 50 points or more per contract out of the DJIA, I'm happy. If we were to get say 400 points of wiggle today, I would have to figure out how to get a measly 12.5% of it. Not even playing the little wiggles, the big wiggles were over a 100 points so far. Boring?