Trading the SPOOs with Patrick Slevin! Message Board

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

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To: Brian Hornby who wrote (1665)	12/3/1999 9:46:00 AM
From: Patrick Slevin	Read Replies (1) of 7434

The report blew me out of the game. I had it solidly up but I was hoping for a gap down Open. This run kills the odds for a good daytrade. I'm pretty sure the pattern stays the same, with it moving up somewhat at least into mid-day, possibly all day. But of course the bulk of the move has to have been the Open. Of course, it could still run to 45, at least, but whether in a straight line or not I hesitate to guess. There was a sort of 50% plus pullback on Globex. After the report it ran to 1423.30 then retreated to 1414.70; that may have been the pullback "concealed" in Globex. It's Friday anyway, and I don't take Fridays seriously to be honest.

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