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

To: fut_trade who wrote (4447)	4/14/2000 3:50:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 7434

Wow, look at the U the past two days. It may be worthwhile to go back further and try to find periods of extreme moves (up or down) and see what the correlation is, if any. Perhaps, like some watched indicators such as TIKI, PREM, VIX, or TRIN there is a point of no return so to speak. Such as, when the U drops below 8 there has been a 79% correlation to a Drop, so the indication is to establish a Short position. What do you think?