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Strategies & Market Trends : The picks

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To: Trader X who wrote (4706)2/12/1997 5:43:00 AM
From: Patrick Slevin   of 6124
 
The Slevin Indicator........

Wild day, no? I thought the selloff would start at the bond close, it started at lunch, then a weak rally for an hour and continued to selloff at the bond close. Then 20 minutes later Blam.

Today looks like 50/50...double digit highs with double digit lows. I'll be positioning for what I believe will be a broad market gap-down on Thursday. Perhaps starting with a late-hour selloff today.
Right now, the spoos are implying a rally at the open.

I just got a fax from a trader in Shreveport....A Swiss astrologer is predicting a crash on Friday. Why do these guys have to conspire to jinx me? My wife is an astrologer; Maybe I can ask her to do a "counter-spell" or something.
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