Posted by alslayton on 21st of Apr 2011 at 07:22 pm
Matt, Just curious if you have/or could post up to date
numbers on the Overnight vs Trading day gains since this upleg
began on 3/17. I find it interesting that with all the coverage on
the various networks, this is never discussed. It was a great
week, Thanks for all the input.
Overnight gains vs Trading day gains
Posted by alslayton on 21st of Apr 2011 at 07:22 pm
Matt, Just curious if you have/or could post up to date numbers on the Overnight vs Trading day gains since this upleg began on 3/17. I find it interesting that with all the coverage on the various networks, this is never discussed. It was a great week, Thanks for all the input.
alslayton - Here's the results:
Posted by matt on 21st of Apr 2011 at 11:32 pm
alslayton - Here's the results: The reports continue to show that most of the gains have been made holding overnight
Using $100K for each trade:
Buy at the close, hold overnight and sell the next morning - resulted in a $5000 gain 5%!
Buy on the open and sell at the close - Resulted into a -300 loss!
that makes sense for Matt's SPY system
Posted by cubby on 22nd of Apr 2011 at 09:12 am
This somewhat explains why Matt's new SPY system is out of the market more than it is in. A good lesson! Thanks