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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 (3249)	1/26/2000 2:39:00 AM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 7434

Yes, I meant not available.... Looking at Atin's YHOO chart, I can see where I would have gotten in at 326, I would have set my stop at 323.50. On high poles, anything greater than a 50% would be something that I would be looking to sell (this is a general rule for me either long term or short term). So I would have held until the sell signal at 334.50 after the double top. I probably would have waited for the triple top break at 335.5 before re-entering. from my first glance at the chart, I could have traded it effectively using my normal pattern reading style. I have avoided real daytrading just because of the time consumption, though eventually, I don't doubt that I will give it a serious try. The basic agreement with the wife is that I can quit the day job just as soon as I can make as much money trading as I make at the dayjob. Not gonna happen tomorrow.