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: Matthew L. Jones who wrote (2456)	1/10/2000 8:06:00 AM
From: Patrick Slevin	Read Replies (1) of 7434

I don't know, I haven't been following the news. I have a system that told me to Buy it and hold it, a rare event for this system, if I could get in below 61. I thought it was sky high on the stochastics as well so I did not touch it overnight. I don't really want to trade against it either, been getting hurt a bit trading against the trend since Thursday. But what else can we do, it appears nuts to buy it. So, I'm going to Sell it looking for a Gap Closure. I think my target would be 1450. I'm not real crazy about the idea, I can tell you that.

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