Thursday, June 7, 2007
VTO trade on the DOW
While the VTO trade was designed to be used on the Q's I suspect that it will show very similar results if used on the spiders or diamonds. If an investor was willing to continue to hold especially if the COT was giving a buy signal as it is now then every signal would have produced a winning trade. Since the Dow didn't actually close below the 30 (However the DIA did close below 30) level it would be up to individual investors if they want to take the trade this morning or wait to see if the Dow can close down again today. I think I've shown that panic selling has never made anyone any money. However buying when the sheep panic has created billionaires. Do you want to be a sheep or the wolf?