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Strategies & Market Trends : Tech Stock Options

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To: Esteban who wrote (30697)	12/9/1997 5:18:00 PM
From: Patrick Slevin	Read Replies (1) of 58727

Hi....stumbled on your post while looking for something else. It had to do with the SS thread....be that as it may, I'll try to answer .... Looking at your post you were bored with the spread indicator around 11:30 EST. From 10:40 thru 11:20 the indicator was making higher highs, higher lows. From that point on it made mostly lower highs, consistently lower lows until about 3:40. I show the futures peaking at 11:45 and bottoming at 3:40. It's only an indicator to aid in confirming intraday trend. Not a be-all and end-all. One would not trade just off TICK, just off TRIN, off many other things. It's only an aid. Nothing more.

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