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: Gersh Avery who wrote (5025)	6/6/2000 2:30:00 PM
From: Patrick Slevin	Read Replies (2) of 7434

Yeah, okay. From a general point of view I just looked for it to be up into mid-day or so. Then it could turn down and form the three point A pattern or continue upward. Right now breaking 65.50 would signal the 3 point A shape, to my way of looking at it. Of course, we could still get that late day tail in an up-move. The method is based on the concept of a string of roughly 10 points, progressing over a cycle of four days. The late day tail would represent...possibly....an early point from tomorrow. Or a move towards such a point. Difficult to describe it without graphics.

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