Trading the SPOOs with Patrick Slevin! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Patrick Slevin who wrote (136)	7/6/1999 9:31:00 AM
From: SE	Read Replies (2) of 7434

I am certain that you have seen the faster reporting yourself in your trading. All you need to do is put up real time SPOO and EMini pricing and it is quite clear. It is not much, but it is present..... Most of the time it does appear the spikes happen either at the end of a rather sustained drop or rise. Unless we get into mass panic I don't think the concern you rightly have should have occassion to turn into reality. The discrepency in pricing and the spikes has me worried a bit and I am not sure how to handle it. My system which I am still working on tweaking has certain stop points. Built on the mini, the stops appear affective in the overall scheme of things as all testing was done on the mini. But, say a 10 point stop, the stop can be triggered on the mini, but not on the SPOO and that aspect has me concerned. Most recently I had a stop triggered on the mini, but it was not on the SPOO. The trade turned out to be a massive winner. I don't know how to quite handle that aspect, but shall figure something out. Can't very well put in an order, "If the SP gets to XXX, then sell out my Mini position." Bonds looking ugly this am. Very ugly.......

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next