1 1a2b3cppp Jul 22, 2011 #1 What do you think? Any super secret arb or correlation trading tricks? QQQ went like this today: / SPY went like this today: \/ Usually QQQ and SPY are pretty even but today was definitely not the case. What do you think?
What do you think? Any super secret arb or correlation trading tricks? QQQ went like this today: / SPY went like this today: \/ Usually QQQ and SPY are pretty even but today was definitely not the case. What do you think?
M mikeenday Guest Jul 22, 2011 #2 well, today is the dumping day, and only reason QQQ is strong is that it's used to cover the trace. Monday we are going to gap down 300 points. Quote from 1a2b3cppp: What do you think? Any super secret arb or correlation trading tricks? QQQ went like this today: / SPY went like this today: \/ Usually QQQ and SPY are pretty even but today was definitely not the case. What do you think? More...
well, today is the dumping day, and only reason QQQ is strong is that it's used to cover the trace. Monday we are going to gap down 300 points. Quote from 1a2b3cppp: What do you think? Any super secret arb or correlation trading tricks? QQQ went like this today: / SPY went like this today: \/ Usually QQQ and SPY are pretty even but today was definitely not the case. What do you think? More...
1 1a2b3cppp Jul 22, 2011 #3 Quote from mikeenday: well, today is the dumping day, and only reason QQQ is strong is that it's used to cover the trace. More... What does that mean? Monday we are going to gap down 300 points. More... I hope so!
Quote from mikeenday: well, today is the dumping day, and only reason QQQ is strong is that it's used to cover the trace. More... What does that mean? Monday we are going to gap down 300 points. More... I hope so!
S shortie Jul 22, 2011 #4 isn't QQQ supposed to be the leader? not only it went up today, it made new multi-year high
M mikeenday Guest Jul 22, 2011 #5 Monday if QQQ gap down open below today's low, that'll be perfect short time. SPY is the 3rd leg lower high if you pull 9-month bar chart. This usually is the start of a epic fall. I'm holding some Aug 125 puts on SPY and some QQQ aug 58 calls to hedge. Quote from shortie: isn't QQQ supposed to be the leader? not only it went up today, it made new multi-year high More...
Monday if QQQ gap down open below today's low, that'll be perfect short time. SPY is the 3rd leg lower high if you pull 9-month bar chart. This usually is the start of a epic fall. I'm holding some Aug 125 puts on SPY and some QQQ aug 58 calls to hedge. Quote from shortie: isn't QQQ supposed to be the leader? not only it went up today, it made new multi-year high More...
T tradingjournals Jul 22, 2011 #6 Quote from shortie: isn't QQQ supposed to be the leader? not only it went up today, it made new multi-year high More... Which is (are) the market laggard(s)?
Quote from shortie: isn't QQQ supposed to be the leader? not only it went up today, it made new multi-year high More... Which is (are) the market laggard(s)?
1 1a2b3cppp Jul 22, 2011 #8 What do you mean "QQQ leads"? Does anyone have some actual data to support this?
O oldtime Jul 23, 2011 #9 Quote from 1a2b3cppp: What do you mean "QQQ leads"? Does anyone have some actual data to support this? More... no, just anecdotal. When I scalped ES, if ES was up but NQ was not up more (percentage wise) I would be skeptical. If NQ outperformed ES for the day that would confirm the trend. Not a money maker, just gave me an idea on which side to trade.
Quote from 1a2b3cppp: What do you mean "QQQ leads"? Does anyone have some actual data to support this? More... no, just anecdotal. When I scalped ES, if ES was up but NQ was not up more (percentage wise) I would be skeptical. If NQ outperformed ES for the day that would confirm the trend. Not a money maker, just gave me an idea on which side to trade.
S shortie Jul 23, 2011 #10 Quote from tradingjournals: Which is (are) the market laggard(s)? More... depends on time-frame i guess. i don't really look at leaders/laggards. qqq/spy caught my eye because of the new high for qqq.
Quote from tradingjournals: Which is (are) the market laggard(s)? More... depends on time-frame i guess. i don't really look at leaders/laggards. qqq/spy caught my eye because of the new high for qqq.
