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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 (2458)1/10/2000 8:51:00 AM
From: Patrick Slevin  Respond to of 7434
 
If I short it, it won't be soon. Perhaps about a few bars past the Open around 9:40. Maybe not even until 10:25 depending on the early strength.

But you are right about being wary, I may wait all day myself if it does not appear to give a signal that it will have a direction. It could just end up choppy after this irrational exuberance.



To: Matthew L. Jones who wrote (2458)1/10/2000 9:36:00 AM
From: Patrick Slevin  Respond to of 7434
 
By the way, I think the resulting bounce to 77 was another fib number....

The number within a number as I was trying to explain a few days ago.

Just been getting phone calls so I'm running late....will catch up later.