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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?


To: Brister who wrote (251)8/23/1999 5:00:00 PM
From: Patrick Slevin  Respond to of 7434
 
I does seem a bit stretched out, does it not?

I'm Flat at the moment but I have an idea that it will move a bit Higher before it settles down somewhat. Gaps all over the darn place, or so it seems.

An open Gap still just above 1411, an Open Gap from this morning. I'd like to think that it would fill the one from this morning sometime tomorrow, but it's pretty far down.

But who knows, although October gets the bad rap for market crashes it's not often mentioned that the Highs ahead of October declines occur usually in Late August, Early September if I recall correctly.

Anyway, I won't know what I'll be doing until I work on it tonight... good luck.



To: Brister who wrote (251)8/30/1999 12:45:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 7434
 
By the way, presuming you are still Short.....

It could fall apart at roughly 2 o'clock as well. So for my own part, if I get stopped out I'll be looking at that time frame....depending on the action going into it.

That's about when it broke on August 31st.