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: Patrick Slevin who wrote (4607)	5/23/2000 7:54:00 AM
From: Jerry Olson	Read Replies (2) of 7434

i have resistance at the 20 period mva on the daily chart at 1437ish...same on P&F too, maybe a bit higher...SPOOS semis book to bill came in strong again..should help a bit... on the daily spoo chart, we had a nice hammer, and now we need follow thru to trade this rally.. on the NAZ we can motor up to 3600..major resistance there on 2 time frames the 20 & 200..doubt we'll break that..i'll short there, if we even get there??? i'm still bearish biased...and will continue to short all rallies...

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