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


To: Patrick Slevin who wrote (5215)6/9/2000 11:16:00 AM
From: Gersh Avery  Read Replies (2) | Respond to of 7434
 
Yes .. low early and high late.

At this time we have the high well before the open. Since then we did have the 10:30 turn time. However the entire day seems to have been a series of lower lows and lower highs .. so far.

My patterns have been a little fuzzy today again ..

the 10 AM mark .. if you give +-5min then it could have been either a top or bottom. same with the 10:30 and 11. Now that the frame has gone past, the up-down-up pattern can be seen .. with a lower high on the second up.

It just looks to me that the bulls are running out of gas. (but that's not real clear right now)