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


To: Jorj X Mckie who wrote (3233)1/25/2000 11:27:00 PM
From: Atin  Read Replies (3) | Respond to of 7434
 
Not even asking permission, just moving it here (this is in response to Gary on the DWA thread) -- Patrick won't mind since he started the whole "time" thing anyway -- he's going to love it if we're on his turf!

Response to Gary:

I'm not sure what chart you're looking at Gary, -- the DWA YHOO chart just has a column of Os to 318. I see no buy signals on the daily chart for Jan 24, 2000.

The 1 minute 0.5 box chart has at least 2 playable ones, one at 324 on a double top breakout from a double bottom support area with a stop at 322.5 and the other on a bullish catapult at 335.5 with a stop at 334.5 (or thereabouts, people play catapults differently). I put up the relevant part on my web site: pnfcharts.com

Again this is just an example of how charts change based on sample frequency, and in no way do I want to suggest that daytrading is for everyone, quite the contrary as OJ will attest to night and day if you let him. I find it much easier to just buy on support on a daily chart also, and am only participating in this conversation because you asked and it would be rude to ignore :-).

G'nite,

-Atin



To: Jorj X Mckie who wrote (3233)1/26/2000 12:11:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 7434
 
You don't need any permission from me, I don't have any preference over what is said here.

Free country.

The issue of it is no longer of much concern to me, if you and Atin would like to pursue it I'll read with interest but I've pretty much said what I'm going to say. At his point I just want to pursue using it in the way that seems to work the best for whatever end seems to fit the situation.