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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 (6048)7/19/2000 9:47:41 AM
From: Patrick Slevin  Respond to of 7434
 
I think....

< V bottom >

My hunch is that it drops and finds the Low of the Day early, maybe noon hour, then tries to rise and flounders around. So I think tyhe Short happens soon and it may be exited before Lunch.....the rest of the day being too messy to trade.

Best guess.



To: Gersh Avery who wrote (6048)7/19/2000 9:47:41 AM
From: Patrick Slevin  Respond to of 7434
 
SI is goofier than I this morning. It took a bit of time to post the last messgae and now I find it ended up posting twice.

Hence this meaningless edit.



To: Gersh Avery who wrote (6048)7/19/2000 10:02:30 AM
From: Peace  Read Replies (1) | Respond to of 7434
 
I am thinking V too. I think we bottomed on the NDX at 3900. It looks like a clean ABC 4th wave. Should move higher now.