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


To: Jerry Olson who wrote (4382)4/12/2000 9:03:00 AM
From: Patrick Slevin  Respond to of 7434
 
Anything from 1530 on up is fairly strong R but a good push can drop those barriers on a squeeze I think.

A near term target may be 1554.

< what i am trying to do is get a feel for 1-2 days at the most?>

Funny, I have some success with Intraday out to 3 days and I'm trying to develop my longer term stuff.

< the cash looks like it wants to correct to 1475...set up a triangle...>

I thought I saw a triangle already, but it was late last night when I was looking so who knows. I look for such things on Daily through Monthly Charts so I don't recall which one it was.

But on Bar Charts. Never thought about looking at PnF. Have to check that later.