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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!
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To: Jerry Olson who wrote (6434)10/3/2000 9:31:03 AM
From: Patrick Slevin   of 7434
 
The other issue I suppose that occurs to me, subconsciously, is that one should not Short the Market when Greenspan is speaking. Generally speaking, anyway.

I'm a bit nervous about the Bond, as I went Long there on the drop yesterday.

Then as well on the SP there is a triple bottom on the 5-minute chart at 1447.50 from yesterdays's afternoon action. That's another negative.

My ANN's are mixed however, suggesting a possible trend reversal. All in all I'm willing to take a shot. Been wrong before; these past few weeks I've been pleasantly surprised with profits in currencies and the Bond so I have a cushion.

As usual, my entry will be based on Time. If I do not get an acceptable Entry by 11, preferably 10:15, then I'll pass.
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