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

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To: Patrick Slevin who wrote (3547)2/12/2000 11:15:00 AM
From: Jerry Olson  Read Replies (2) of 7434
 
Oh i completely agree about who's saying what...and i "know" the people's trading habits..so of course i wouldn't neccessarily use your daytrading mentality for a position trade...

what i am saying tho...is you can and do consider longer time periods to trade...meaning position...

as for 45 min..Teresa does use that and some others as well...i see that Carpino uses 60 min...

as for Mike W..thats his handle on ISpec...nice young man...

no i would like to get a collective "read" if you will, using Carpino's cycles as the guideline...he's been very accurate for a long time...

example...he's got us moveing up into the 18th, then down into the 24th..

i have P&F saying we rally up to the 1420 level on the SPX...from right here...if TT is flat..and he gets a buy signal..kaboom....i could put in a 1-2-3 day swing trade..and exit at or near my number???

this is 40 points on the SPX or 20 on the OEX...i'll take 20 points...<g>...
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