Position Cost Averaging

Hi PCA Fans,

Here we go again… another round of buy orders.

This time the SPY threw off 4 buy orders…in 14 years I have never seen anything like it.

 

 

 

 

Then we got two on the QQQQ.

 

Then we got two on the IWM.

 

Then we got three on the DIA.

 

 

Now we get a buy order on GDX

Two Buy orders on SMH

 

Three buy orders on XLE.

 

 

Finally one on XLF.

 

The GLD and SLV positions do not seem to be getting as much action as we had hoped. The QLD position is out of cash. We may consider adding more and getting another big buy order if the market continues lower.

We’ll keep you posted.

This entry was posted on Wednesday, October 15th, 2008 at 3:05 pm and is filed under Main Content, Trading Index ETFs, Trading Sector ETFs, users. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.