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: Trader X who wrote (6362)	9/21/2000 10:43:55 AM
From: Patrick Slevin	of 7434

I noticed the divergence in the sto and also recall noting similarities in the SPX. I'd like to see it play out for a few days before establishing anything. Are you trading Index Options these days, or sticking to representative NASD stocks? The only thing that keeps me cautious is the bullish energy market. CL0V may put in another new high today, trading now at 37.20 with the intraday High established yesterday at 37.80 Another problem with the SPX is the 200dma; it's been pierced intraday 4 days in a row now and closed below it on the 18th. I'm cautiously negative on it's chances over the coming week.

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