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To: Nemer who wrote (41407)11/21/2000 8:02:06 AM
From: Patrick Slevin  Respond to of 44573
 
Tofu, that was it.

I'm split on the likely pattern, mostly because I cannot be here until this afternoon when I expect it to pull back. Because I shall not be here I never tried to plot it out.

I am still leaning towards just taking a pair of small contracts Long with a Stop at 1336; 1336 should be the equivalent of the recent Low on SPX as well and if it crosses there it could drop to 1324 on SPX, breaking that another 12 points lower.

From the point of view of safety, I probably should do nothing and not ruin the holiday. No decision until 8:30 Eastern when I have to exit. Might try El Bondo for a trade however.



To: Nemer who wrote (41407)11/21/2000 8:20:23 AM
From: Patrick Slevin  Respond to of 44573
 
Took it on that drop,

49.75

Walked out of the shower, saw 49.50 and by the time I sent the order in I got 49.75

Funny how I can get hacked off at 12 bucks but having a stop $725 away does not seem imprudent......



To: Nemer who wrote (41407)11/21/2000 8:27:14 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
Took El Bondo as well.

Seems I'll probably get stopped on one and make out on the other best guess.

See you later, perhaps between appointments.