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


To: Gersh Avery who wrote (5025)6/6/2000 2:30:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 7434
 
Yeah, okay. From a general point of view I just looked for it to be up into mid-day or so. Then it could turn down and form the three point A pattern or continue upward.

Right now breaking 65.50 would signal the 3 point A shape, to my way of looking at it. Of course, we could still get that late day tail in an up-move.

The method is based on the concept of a string of roughly 10 points, progressing over a cycle of four days. The late day tail would represent...possibly....an early point from tomorrow. Or a move towards such a point.

Difficult to describe it without graphics.



To: Gersh Avery who wrote (5025)6/6/2000 4:41:00 PM
From: Chip McVickar  Read Replies (2) | Respond to of 7434
 
Gersh,

"Out of Sight"....

You've been putting daily patterns together...! You're way ahead of me.... I'm still on the bars. <chuckle>

Your 1:00 call was right there for you...!

How did you do it Gersh. Keep records and draw up probabilities....? Are your patterns complex or a few straight forward like Pats "A" and "V".