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

To: John T. who wrote (6124)	7/20/2000 1:57:02 AM
From: Patrick Slevin	Respond to of 7434

I just recall a few instances which made me uneasy. I presume everyone has a sense of what they have to do but now and then I get lucky two or three days in a row and whammo. Someone comes in from left field and mirrors the trade, gets hammered...... Well one of those guys listens to Ground Zero now so I absolve responsibility. Anyway, I just recalled some bad moments where people got hurt and so I do not post that way any longer. Kinda sux, because sometimes I really nailed it. But that was the problem.....I nail it one day, and the next day someone mirrors the trade and I'm wrong. Perhaps I needed to come up with a probability scale...."Today you mirror, tomorrow you fade". Gee it must be late, I'm even cracking myself up with this nonsense.

To: John T. who wrote (6124)	7/20/2000 9:26:24 AM
From: Brister	Read Replies (1) \| Respond to of 7434

Well since Patrick started this e-wave talk (he he), I have to chime in here. Not because I think it is the best system or that it even work, but like all systems, if enough people use them, they work. Now every fund manager, i would think, has some kind of system or belief. I bet we would even be shocked at what some of them use. Anyway if a few of them follow e- wave then that is why e-wave works. Here is one post that i am keeping in mind, but you have to kind of wade through the crap to read it:) Message 13773388 In his last post: Message 14056430 "one more stiff one down and THEN the move up to 1600 and THEN another stiff one down to 1200 land." So who knows, not me, but it will be interesting to see what happens if we go down to 1400 s&p and then up to 1600.