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

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To: Patrick Slevin who wrote (5417)6/19/2000 11:58:00 PM
From: Gersh Avery  Read Replies (1) of 7434
 
My max long or short for the day was 73 contracts.

By 10AM I was maxed out short. My 10:30 turn time hit very early and didn't come back. Other indicators had turned bullish, but the iceing on the cake for me was the up-correct-up pattern that you shared with us. When the second run up hit higher than the first one, I bailed and moved into a max long. It could have been a very bad day. Thank you.

At my turn time I got stopped out for 53 contracts. A couple of minuets later I reversed. That was a trade of 40. Other than that I was trading blocks of 10, 15 and 20 at a time. Except near the close (at 1510) when I sold 25 to reset my long standing short.

Again thanks .. now to learn those other two patterns ..
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