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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 (4431)4/14/2000 1:26:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 7434
 
Gaps can take a long time to Fill.

A system I created a week or two ago was just stopped.....Short from 1519 on the 11th, it made $25,375 per Contract on paper. Wish I took that trade. Maybe next time I won't be so picky.

Coming down without a Rallye just means the pattern is fulfilled.....it was I.D.'d as a one way down. A strong rally would mean the read was wrong, I hate when that happens. God knows I hated it worse on Wednesday when I had it as a one way up and it turned into a one way down.

Well, my system is dropping my stop quickly so I may see you Monday. Once I get Stopped I'm gone.