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

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To: John T. who wrote (6121)7/20/2000 1:07:02 AM
From: Patrick Slevin  Read Replies (1) of 7434
 
Arrgh, you are scaring me.

Actually I stopped telling people, by and large, when/where I would be buying or selling merely because I started to worry that people would enter and stay there.

For example I postured today that I would be Short by 10:30.....not a bad idea actually. But suppose someone took it Short at 10:30 and it ran higher? I'd be gone but that person would be waiting it out, down a thousand bucks or far more.

I learned that lesson a few years ago, rarely do I mention exactly what I have in mind. Honestly, I'm too afraid someone is going to get clobbered and it would be my fault.

I kinda prefer to speak in general terms and stay away from the specifics. I'm certain that you can understand that.

Do not drop E-Wave if you would prefer to discuss it. Hell, I do not know anything about E-Wave...anything you guys know is moisture to a sponge from my point of view.
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