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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!
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To: Jerry Olson who wrote (3539)2/12/2000 9:36:00 AM
From: Patrick Slevin  Read Replies (1) of 7434
 
Yeah, I had that Short yesterday as well. It travelled a bit further than I expected. I've been practicing a SPX System trade on another thread with a fellow who is working out the bugs on a DJ System. I mentioned that I thought the SP0H would head into the 90s. I left before it broke into the 80s; just as well. It was so late in the day (and on a Friday) I would have gone nuts trying to eke out the last few points. Tom's system must be almost Flat, come to think of it. It shot down over 50 points already.

The new stuff I'm working on is rather sensitive. It is a methodology for predicting turns in Time using days but there is a quirky subset of patterns known as "Continuation" Patterns. These patterns can be isolated a day or two before the predicted Turn Day. Trouble is, it took years for me to learn Intraday Patterns. I don't know how long it will take to pick up on this stuff.

But it's interesting as hell, if it works. I'll keep you advised.
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