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Old 09-16-2007, 10:48 PM
neustaju neustaju is offline
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Re: Trading the QQQQ SPY DIA

I understand that it really depends on individual style. From a purely technical chart patterns point of view though, the QQQQ provides safety from the negative effects sudden News Events can bring by weighting this movement against the other companies it is composed of. My previous quote I was referring to a "Top Down" approach, trading with the Dow/S&P intraday fluctions. Essentially, if my goal is to capitalize from the major index movements (while avoiding the increased risk of trading futures) then it makes the most sense to stick with index based ETF's.

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