Hi, Tea, looks like you are leaning towards short side of indexes now, would you still hold the long side of nyx? I know I am asking for free advices here so anything you can share is greatly appreciated. Thanks.
Question to teaparty on nyx
Started by
gti_99
, Feb 16 2007 09:21 AM
4 replies to this topic
#1
Posted 16 February 2007 - 09:21 AM
#2
Posted 16 February 2007 - 09:28 AM
I had some calls that I was stopped out of on nyx....watching it for now. This is one, like CME that I try and not get influenced by my take on the major averages....SPX could sell off and things like nyx and cme can go bull-istic to the upside. I probably won't touch it unless it's back over the 50dsma...the 200 is relatively close. The triangle I thought it was in broke down.
#3
Posted 16 February 2007 - 09:43 AM
Tea, ok, thanks very much. I have a lot of respect for your skills as well as you generosity to share. Thanks.
#4
Posted 16 February 2007 - 11:15 AM
the stock price trend of exchanges such as ICE and CME that trade derivatives are outperforming exchanges such as NDAQ and NYX. ICE is up more than 40% from the Dec 29th closing price.
Edited by hiker, 16 February 2007 - 11:15 AM.
#5
Posted 16 February 2007 - 12:07 PM
Hiker, thanks. Lots of respect to you too.