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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 (5376)6/15/2000 12:40:00 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 7434
 
>>PI just issued a short <<

Gersh, you really have to rename that thing !!! Every time you mention it I picture you drilling a hole in your head or something weird like that. ( I assume you saw the movie "Pi")

Funny, I was just posting tonight that I am seeing signs of real bad demons ahead. My charts seem to be indicating a rally that will fail then some real honest to goodness ugliness in the next couple weeks. Maybe it is just teh mood I am in but the weekly charts and dailies all seem to be lining up for a failure after the next rally attempt. I will be watching to see how things look as time goes by since I am not the best at looking long term.

Bias is up on the GLOBEX trigger due to a ramp up after the close. We can be down over a point and still be in program buy territory and need to be down 6 to trigger a sell. So far, we are staying in solid buy territory.

Good Luck,

Lee



To: Gersh Avery who wrote (5376)6/15/2000 10:22:00 AM
From: Patrick Slevin  Respond to of 7434
 
It shall be interesting to see how it works out. Good luck with it.

I'm so far behind I might not be able to trade for a week, due to the fact that I've been unable to update my files for several days. It takes a few hours each night, so I suppose I'm backlogged about 20 or 25 hours at this point.

This is the weirdest problem I've ever had with machines, and I've had some real doozies. When I think about what I just laid out.....over $3K for the machine, about $2.5 for Tradestation (and I cannot even pay bills because I cannot access my Quicken files).....I go a bit nuts.

Sorry to keep dwelling on this. I just have no visibility at all. I suppose it would be best to exit SI completely until I get something going over here.