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

To: Stoctrash who wrote (2185)	12/23/1999 11:11:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 7434

I dunno, it's so thin it's hard to say. Generally factors like Window Dressing makes it Bullish, particularly mid-week. According to an Almanac I have, from 1987 to 1997 the only years the DJIA finished lower were 1990 and 1992. 1990 lower by 60 points, 1992 lower by less than 6 points. That week in 1992 saw the spoo lower all week. Looking at the last ten years the patterns are split 50/50. Roughly half moved lower and of those some bounced late in the week. The other half moved higher then dropped. There has not been a cycle week that matches up well to this one. If I had to bet, I would think it was higher into mid week then drop.