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


To: Gary E who wrote (1598)11/29/1999 4:10:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 7434
 
I do happen to own that.

You don't think I would waste time charting something I did not have, would you?

I bought it around the IPO, sold half when it reached the low 70's some time ago. Forgot about the rest of it, figured that I had no real investment in it because I already took all my money out plus.

I was Pointing and Figuring trying to come up with a reason to Sell out. But I have no idea what I am doing exactly so I did not bother. Actually, the chart (the way I drew it) looked fine so I decided not to Sell as long as it stayed above the BSL. Of course, I did not know that I drew it correctly until I looked at DWA's Chart.

Still have to determine why my BSL is one tick off of DWA's, though.