Trading the SPOOs with Patrick Slevin! Message Board

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

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To: Jerry Olson who wrote (3919)	3/8/2000 8:54:00 AM
From: Patrick Slevin	Read Replies (1) of 7434

I've been watching the QQQ in particular and it appears to have taken on a parabolic effect to my way of looking at things. The trend lines I've been drawing keep taking on steeper angles. Aside from that I've not paid too much attention to Technicals, the patterns suggest another drop today. I have not looked at targets as yet, but your 1320 looks far enough away that a drop could be in store yet still fall short of it. I'll see if I can get some idea where I think the supports are. A quick look suggest 1336 and 27 on the SP0H but I have to look closer. My thought pattern at the moment is to Sell an early rally.

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