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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 (5673)6/29/2000 9:11:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 7434
 
Between now and 10 or so, you have the combined effect of overseas monies chasing the sun as well as the "one-Trade" Day traders establishing positions for the remainder of the day.

In other words, I've been taught that the pits are most busy during the first and last brackets as "Day" positions are established and then taken off. This is one of those hours that is hard to trade. If you "guess" correctly it can be sweet but if not then scrambling for the Exit Sign is the Preferred Option, I would think.