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


To: Jerry Olson who wrote (5525)6/26/2000 8:18:00 AM
From: Gersh Avery  Respond to of 7434
 
re "long thru Wed"

No .. I'll probably only target ~5 points of scalp.

I think that I'll be running tight stops for the move .. lesson from Friday.

I might take the same kind of move on Tuesday and Wednesday also .. but again.. tight stops.



To: Jerry Olson who wrote (5525)6/26/2000 8:19:00 AM
From: Gersh Avery  Respond to of 7434
 
bond should have a nice day today ..

Housing data should be interesting this morning



To: Jerry Olson who wrote (5525)6/26/2000 8:41:00 AM
From: Gersh Avery  Respond to of 7434
 
I just checked .. we're well into buy program area for stocks.

However the situation is degrading. If this degradation continues I'll pass on the flip move for today.

Couple of earnings warnings out this AM.



To: Jerry Olson who wrote (5525)6/26/2000 9:23:00 AM
From: Gersh Avery  Respond to of 7434
 
Majority of my indicators showing a down day.

As the futures are so far into buy program area, I expect to see a spike up at the open followed by weakness through the rest of the day.



To: Jerry Olson who wrote (5525)6/26/2000 10:04:00 AM
From: Gersh Avery  Read Replies (1) | Respond to of 7434
 
Existing home sales much stronger than expected