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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!
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To: Jerry Olson who wrote (3535)2/11/2000 9:33:00 PM
From: Patrick Slevin  Read Replies (1) of 7434
 
Okee Doke.

I'm teaching myself how to read Reversals. Different, entirely, from the standard "Key Reversal" or "Outside Reversal" or Engulfing Days. A third form of Reversal that I was not familiar with. Seems they can be predicted, or so the school of thought goes.

Leave it to me to find yet another off-the-beaten-track method of trading. I hope to use this method for position trades. If it works out I can start a newsletter like your friend Carpino. "On March 3rd Sell the Open and hold for 6 days", that sort of thing.

That would be neat if it works, no? You'd never see me on SI again. Who would need to hang around all day if you knew the market was heading in the same direction for X number of days.

Of course day trading would still be more profitable so I guess you're stuck with me.
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