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

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To: Patrick Slevin who wrote (3918)3/8/2000 7:44:00 AM
From: Jerry Olson  Read Replies (2) of 7434
 
Morning Pat

well that might happen in the very short term...sorta like a rebound thing..

but as we get past AG on the 21st, and then continue to consolidate late in the month..

my guess NAZ Techs will be on sale, and getting ready to rock into their respective earnings dates in Apr...

amazing how the P&F downtrend lines held the advance right on the number for noth the SPX & OEX...damn i shoulda jumped on the OEX puts right there...

just looked at the SPX chart on the 15 boxer...we are right at support..but if one looks at this chart, a pattern has developed that says we are going to break another double bottom at 1320...that would be my downside target right now...and on the reg. chart 1330 is a triple bottom support...

OEX at support, and could hit 720 triple bottom support...

guess we are not done going down for now...
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