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

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To: Patrick Slevin who wrote (3507)2/10/2000 9:30:00 AM
From: Jerry Olson  Read Replies (1) of 7434
 
Morning Pat...

just looked at both the spoo and cash..they both hit the downtrend line on P&F an were repulsed...making a lower top here...

we should see continued selling down to the other line the BSL or up trend line...this looks and feels like a range bound market for now...

i have support at about 1384ish spoo...and spx about 1365ish...

the DJIA gave a double bottom sell signal yesterday we could see 10,000/10,250..

all of these would be coordinated at the same time for the next major rally...

i'll buy that dip...<g>
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