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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 (5102)	6/8/2000 1:40:00 AM
From: Gersh Avery	Read Replies (1) \| Respond to of 7434

well .. don't know if the hypo is short now or not. Had this limit sell of 5 at 77.5 .. 1477.5 was the high tick of the day. I have no idea at this point if there was bids for at least 5 at that price or not .. One of the nasty things about trying to take a position trade and do a scalp with it.

To: Gersh Avery who wrote (5102)	6/8/2000 9:49:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 7434

So then, you are still Short on the Macro Trade? < if the 1475 gets taken out then limit sell at 77.5 with a stop set at 90.> You ticked it beautifully, nice knock on the 77.50 I think if I were doing it, I may have picked 77.40 (providing the trade was real). Because a 77.50 Limit might not have been filled, but the way the contract has been trading, it seems that if a xx.40 was hit then a xx.50 would be. Simply because it seems to be making moves in 0.50 increments quite a lot.