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


To: Chip McVickar who wrote (5026)6/6/2000 2:25:00 PM
From: Patrick Slevin  Respond to of 7434
 
It's targeting 1465.50; I suspected that early this morning......Quad Bottom.



To: Chip McVickar who wrote (5026)6/6/2000 2:38:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 7434
 
Gotcha


Daily
Handle = 5/16 high
spread = 5/24l and 6/2 high


I never would have seen that, that's why I never "got" it I suppose. Me, I would have drawn it as
P0 5/10
P1 5/16
P2 5/24

Actually, I suppose my P0 is really P2,
my P1 is P3
my P2 is P4

Presuming that the base P0 would be the Low on 4/14 and P1 the High on 4/26

Now to try this on the 15 minute.....
< Thay take a lot of work....!>
you are correct, I'm swearing at all these damn lines already.



To: Chip McVickar who wrote (5026)6/6/2000 2:47:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 7434
 
That fork is interesting. It does not invalidate the potential of a late day run up, as far as I can see.

Would that be a correct presumption? I'm referring to the Daily SPX off the 5/16 High