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


To: Patrick Slevin who wrote (278)8/30/1999 2:37:00 PM
From: SE  Read Replies (2) | Respond to of 7434
 
Well, I was trying to help someone find the short entry and I missed the 40.00....thought it would pop one more time. So I called the entry at bid 36.75 and he could have gotten in as good as 37.50 with a tight stop at 38.25...was worried about the bounce back to test 40.00.

He missed and I am telling him not to chase it.

No sense trying to be hero....



To: Patrick Slevin who wrote (278)8/30/1999 2:42:00 PM
From: SE  Read Replies (1) | Respond to of 7434
 
Well, he shorted 34.50 and I told him to place a physical at 36.75 or 38.25...his choice.

Any thought on a target or time frame for this trade?