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

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To: Jerry Olson who wrote (5428)6/20/2000 11:17:00 AM
From: Gersh Avery  Read Replies (1) of 7434
 
Well OJ ..

I've got pre open patterns that say down day. 10:30 top time that says down day. Liquidity heading toward bonds saying down day. Bad oil news that says down day.

On the other hand there is the u-c-u pattern which suggests a up day. Of course you're watching the NAZ and saying "what's he talking about??"<g>

Overall mixed to down day.

I've got to step out for the rest of today. I lightened up on my short over on the Players Club but left a trap line of limit sells in place, expecting the possibility of the u-c-u spike later in the day.
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