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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!
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To: Gersh Avery who wrote (6330)9/20/2000 9:44:02 AM
From: Patrick Slevin  Read Replies (2) of 7434
 
I think that is pretty low but plausible.

Me, I'm just trying to get a fast ten and run. ~1473 to ~ 1483, perhaps. 1462 would signal roughly a dble btm to me. If it were to bounce off yesterday's Low I tend to prefer selling that. Were it to pierce it just a tad then I might be temporarily bullish but my sense is that a move to 1462 leads it lower....if not right away then before the end of the day.

Probably not going to matter to me. Won't be around long enough to watch.
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