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

To: SE who wrote (2382)	1/5/2000 3:57:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 7434

Yes, I heard that this morning. Not enough money was made on the downside so it's a roll it up to take it down scenario or so they say. The question is only "how High", but other than that I think the idea has merit. Maybe 1435 would be a good pivot, maybe higher. I would have to think about what point I would seriously consider a pivot. Just throwing out numbers at the moment. Sometimes those become the best ones. It also depends on your time frame. OJ might think this is the Low for a week or two and the next guy might think he means the entire Millennium. Whatever, I tend to go with the bounce theory at the moment but how high? Don't have an opinion as yet.