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

To: Stoctrash who wrote (6445)10/6/2000 12:49:26 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 7434
 
I dunno, I had the day Long after an early pullback but this is a bit more than I expected. The Cash got pounded after the Prem dropped. Just goes to show, Fridays should be part of the weekend in my schedule.

If I had to throw a stick at it, I might guess that it could recover to the mid 40s on the spoo but I'm out for the day. SPX has not been this Low since July. I would guess downside Risk may be 1415 on the SPX for today, spoo support should be solid in the low 20s.

But then I'm not going to trade it so........



To: Stoctrash who wrote (6445)10/6/2000 5:49:37 PM
From: Patrick Slevin  Respond to of 7434
 
Realized just before I left I wasn't looking at the SPX, but the SP0Z Chart. The 1415 was a guess based on SP0Z.

Not much of a mistake, just 14 points or so off on the PREM. It did not seem to line up properly at the time but I did not realize I was looking at the wrong chart.

So it goes. Another Friday bites the dust.


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