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: Gersh Avery who wrote (6223)	8/2/2000 11:45:51 AM
From: Patrick Slevin	Read Replies (1) of 7434

Thanks. Glad I never Sold it myself. Minor concern about the Bond, however. Long at 98^24; watched it drop to 98^14 before it recovered here to ^25. Had a mental Stop at ^10 but I understand the PnF Crowd is using 98^00 as the bailout point. I can see why. But dropping to ^14 was out of the range that I expected. I thought it would hold ^20. --------------------------- The way the SP has been trading this summer made up my mind for me. Realy it's feast or famine and so branching out to several more markets makes some sense, wouldn't you think? Right now I have systems for SF, US, CD, CL, JY and will try to piece something together for the Greenback. So in tandem with the SP it seems I can be wrong on one and make it up on two or three others. This way it's not necessary to be "in" each day on all of them, reducing exposure to only those markets where the trade seems to have better probabilities of success.

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