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

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To: Gersh Avery who wrote (5376)6/15/2000 12:40:00 AM
From: Lee Lichterman III  Read Replies (1) of 7434
 
>>PI just issued a short <<

Gersh, you really have to rename that thing !!! Every time you mention it I picture you drilling a hole in your head or something weird like that. ( I assume you saw the movie "Pi")

Funny, I was just posting tonight that I am seeing signs of real bad demons ahead. My charts seem to be indicating a rally that will fail then some real honest to goodness ugliness in the next couple weeks. Maybe it is just teh mood I am in but the weekly charts and dailies all seem to be lining up for a failure after the next rally attempt. I will be watching to see how things look as time goes by since I am not the best at looking long term.

Bias is up on the GLOBEX trigger due to a ramp up after the close. We can be down over a point and still be in program buy territory and need to be down 6 to trigger a sell. So far, we are staying in solid buy territory.

Good Luck,

Lee
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