Posted by frtaylor on 16th of Sep 2011 at 07:04 am
so, how would you play that since it's a chart of SPX:GLD?
A pair trade long SPX and short GLD? As you point out
in the text w/ your chart, just going long SPX may not work since
upward movement in the chart can be the result of a drop in GLD
w/out a change in SPX.
so, how would you play
This is perhaps the clearest sign I have that things ...
Posted by frtaylor on 16th of Sep 2011 at 07:04 am
so, how would you play that since it's a chart of SPX:GLD? A pair trade long SPX and short GLD? As you point out in the text w/ your chart, just going long SPX may not work since upward movement in the chart can be the result of a drop in GLD w/out a change in SPX.
Indeed, a pair trade as
Posted by steveo on 16th of Sep 2011 at 03:47 pm
Indeed, a pair trade as you state.