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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 (5830)	7/13/2000 8:29:26 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 7434

Hi There Patrick nice to see your still here on earth..-g- hey i saw the SPX break thru very tough R at 1480...major break thru in my book...might now become support? OEX too has pierced that 804 level.... not everything is perfect but we are set up to break to the upside from about right here... earnings are now going to power the markets higher... tomr we have a slew of eco numbers..i think no matter what they are we have already discounted the PPI.. and any slam in the am, i'll buy that dip.. Carpino has a funny day today..let me quote it... " i labled the low a 7-10..i would really like to see a strong up or a weak drop at the 13th for only one day." and in caps..'ANYTHING STRONGER THAN THAT TO THE DOWNSIDE AND IT WILL BE DIFFICULT FOR THE MARKET TO MAKE IT TO THE PROJECTED HIGH POINT SHOWN... what he goes on to say is we had 2 larger than normal lows in the past on this date... so he does have cycle highs at the 17th-19th area... i'm playing it long, because i do not see anything that will take us down today BIG...