5 replies to this topic

[A-ha]

via EMDH7 and MDY...buying MZZ

http://xtrends.blogs...ng-midcaps.html

[greenie]

I can see your trade here


Why do you think midcap shorts are going to be better than other ones and in what time window? Next two weeks?

[A-ha]

Midcaps are leading on the downside. So I believe any further downside after this corrective rally will also lead the market on the downside. Time frame of this trade is short term I will probably close it together with the other ETF shorts in a few days then wait for a rally to short more futures.

Edited by xD&Cox, 08 March 2007 - 10:09 AM.

[greenie]

Midcaps are leading on the downside.

Well, my specific question was how you decide whether that sector is leading on the downside. What do you see with them? For example, SOX/NDX topped before others and one can say they were the leaders. Isn't it?

[jjc]

via EMDH7 and MDY...buying MZZ

http://xtrends.blogs...ng-midcaps.html

I assume since you have not rolled over to junes contract on that short is only for a few days.

[A-ha]

Midcaps are leading on the downside.

Well, my specific question was how you decide whether that sector is leading on the downside. What do you see with them? For example, SOX/NDX topped before others and one can say they were the leaders. Isn't it?

For the long / intermediate term NDX leading of course but since my trade is short term, I use the current downside leadership which may change eventually in a few weeks or less.

via EMDH7 and MDY...buying MZZ

http://xtrends.blogs...ng-midcaps.html

I assume since you have not rolled over to junes contract on that short is only for a few days.

March contract has almost zero prem which makes it look good analytically on charts.

June contract has huge prem that is distorting trend lines.