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: Jerry Olson who wrote (5598)	6/28/2000 12:21:00 PM
From: Jorj X Mckie	of 7434

Depends on the time frame and the sector. I am thinking that we are in the final stages of a bear market rally. I am seeing really good chart patterns break down on a regular basis. It may take a week or a month or two, but I am going to stay very nimble. I am a very nervous bull. I believe that the biotechs are going to continue going up while the techs are going to continue correcting. I think that there is still enough wealth sitting around to inflate another speculative bubble, but it could be isolated. For our immediate trading future, I would say Up, and I am positioned long.

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