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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 (4406)	4/13/2000 11:15:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 7434

Well, old enuf to miss trades I could have a year ago when I was only 2 score and 7. Eh, maybe it's been a couple of years since I could do that. Now I see why people stop daytrading as they get older. Same reason I don't play basketball anymore. You can get hurted out there messing with the young kids. I hope in a few dozen years when I get to be Tom's age I haven't come to the point where I'm just pushing buttons for 50, 60 points at a time and then leaving to rake the leaves or whatever it is he passes his time doing.

To: Jerry Olson who wrote (4406)	4/14/2000 12:16:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 7434

Interesting thing about that Channel Count. It works both ways. Using the Channel Count the other way had downside Targets First target was 1443, Second is 1393 Remember, the Channel Count is the same as the Horizontal.....the targets may be slightly different due to the use of box sizes in PnF. EDIT Interesting thing about it, making the Second Target is an iffy sort of thing. I haven't researched it enough to see how often it works but it came very close here.....the Low was 1395 so far. Having trouble posting, must have taken 6 or 8 minutes to post this message the first time.