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

To: Matthew L. Jones who wrote (2388)	1/5/2000 6:12:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 7434

You know what, I had all those lines set up and I did not even notice. Too busy joking about the Internet Gurus I think. But I have it off the spoo and it's not exact.......the number I have down over here is 1429.20; couldn't be exactly that but ------------ Just interrupted by an excitable Apple fan over Steve Jobs. I wish these Evangelists would get a grip. ------------ Forgot where I was going with the above fib discussion but I would expect them to pierce the level before bringing it back. The rationale is because traders know where the likely stops will be, and just beyond fib levels is prime ground so I think I would consider a Short above there, certainly I would not have a Stop there. It would be, I think, rather unusual for the market to stop at a fib number without crossing it to blow out the Shorts. You know, looking at where everything ended up I would guess it will be a bit before it even attempts that depending on Globex. "But Hey, that's just my Opinion. I could be wrong."