hey RakuGirl, what's up? wouldn't recommend doing this with QQQ, that thing does not act the same. DIA might work, but i haven't actually tried. feel free to post paper trades on it, i'm a little curious myself.
the other possibility is to use 2 or 3 of the higher-beta dow components as proxies. haven't had time to look at that, if someone has a couple of suggestions please feel free to post correspond "matching" trades in them.
Oh, what is my exit strategy? Based on points, ie percentage profit? Based on change appearing to occur in the Indexes? Based on how many hours I've suffered?
that was supposed to be a paper trade, lol. if DIA moves "appropriately" there should be .25+ on each trip. don't know how well that will work without futures leverage though.
Okay, it is a paper trade, but I'm empathetic, and I empathize with my paper gains and losses. Actually I haven't gained or lost a lot. Leverage. 100 shares $9300, and you get 1 share for 9300. But if you move to 9305, you make $25, and if I move to $9305, I get $5? Is that it?