Good morning, Matt any guidance

    Posted by cozz101 on 23rd of Feb 2021 at 08:26 am

    Good morning, Matt any guidance on whether to take that SPY trade (QE MOMO) at the open?

    cozz101 I have not yet

    Posted by matt on 23rd of Feb 2021 at 09:46 am

    cozz101 I have not yet decided what I'm going to do with that yet. First off market has dumped a lot more after the open so good thing I didn't send out. Also I'm managing some trades and of course Tradestation is locked up on me at the moment anyway (typical crap). I have not decided what I will do with that yet. Maybe if there's a 2nd entry I'll send that out, or maybe we'll just sit this one out as it's possible that another sub system will enter a 1st entry today and we would simply do that one instead

    Got it; makes sense...I guess

    Posted by cozz101 on 23rd of Feb 2021 at 09:49 am

    Got it; makes sense...I guess fate was on our side this time?  I don't like to catch falling knives so I had also come to that conclusion.  

    Yes what is the SPY

    Posted by fredsaid on 23rd of Feb 2021 at 08:39 am

    Yes what is the SPY reversion to mean trade here and is there a QQQ reversion to mean trade ?  QQQs futures down another 200 points - wow.

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