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Old 11-17-2007, 03:54 AM
neustaju neustaju is offline
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"Do Sub-Indexes hold the key to the door all traders are looking to open?"

At this point it is obvious Energy and healthcare+HUI.X hold the market up, while REIT's, *DJUSTC*banks/finance+ DJUSHB Hold the market down. XOI.x maintaining strength will allow profit when buyng dips (given BTK.X is up). I shorted today because I saw "STALLED" Buying in Energy. Easy 5pt drop in SP500 (1453-1488), But at that point I should known to buy the dips instead of short the rallies because tech,software, computer hardware etc had dramatically turned from negative to flat 30 min before said dop occured. Shortselling intraday has become an EASY SQUEEZE. Before shorting, my friends.. CHECK the weak sectors to increase weakness! Do you derive Buy/Sell Signals from LEADING sub-index influence? or do you wait for the stochastic to turn up?

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