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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 (2440)	1/7/2000 9:02:00 AM
From: Matthew L. Jones	Read Replies (1) \| Respond to of 7434

Mine is pretty much an educated guess. I see more downside needed to complete this intermediate cycle. I also think that very few will make commitments to this market prior to the weekend. Monday's are notoriously negative. So, the glass will be half empty until Monday is out of the way (IMO). If we have sufficiently corrected by then, I believe we will consolidate a little and resume the uptrend. But that's just a guess. I am trying to quit predicting and instead trying to learn how to react to whatever it does. But I do still try to get a general mental picture of where I think it should go. Then if it doesn't, it tells me something (besides that I was wrong)<g>. Matt