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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 (322)	8/31/1999 7:16:00 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 7434

Yup....this was the key area for the pattern site: >>The day made the one way down with the sell times and buy times doing what they were supposed to do, even though the day made its one way down pattern, which became evident with the lower low at 12:00 to 12:30 than the low at 10:00 to 10:30. I had 3 TP's at 12:30 to 1:15 which all failed... This could be the key today....I think the larger markets may negate 100 point moves which may now be 150 point moves. >>Also, I see there has not been a string of 4 days running on the SnP that didn't at least bounce at some point on the fourth day after a set of patterns such as we've had. I'll have more stuff later this morning....but we are testing a spx 30 min fork lower tine this morning right at 1325. If it holds look for a 32 point move up to the median line.