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


To: Stoctrash who wrote (6401)9/28/2000 9:15:47 PM
From: Jerry Olson  Read Replies (3) | Respond to of 7434
 
FredE

you dreamin???

i had this rally up to 1471ish..then falling like a stone..

whatcha think???



To: Stoctrash who wrote (6401)9/29/2000 1:08:25 AM
From: Patrick Slevin  Respond to of 7434
 
I was trading it Wednesday morning with a Long bias, was fortunate to get out just a point shy of the top.

Thursday I still was convinced of an oversold bounce but had no time to trade. Did you reverse into a Long SPY position? I'm not convinced it has legs; certainly I think at this point that Friday may be an inside day. At least a sideways day, in any event.

I think if I were trying to get Long with this I might be looking at 1460 or slightly lower on the Dec Contract.

Was just looking at your system using TS to backtest it. I think the win rate was around 42% which is pretty good for a position system.

46.43%

Of course, I do not know if you have modified it at all since we last discussed it.