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To: donald sew who wrote (38351)4/6/1998 11:27:00 AM
From: The Perfect Hedge  Read Replies (1) | Respond to of 58727
 
Donald-
Couldn't wait;opened May aol 65 puts....GD



To: donald sew who wrote (38351)4/6/1998 11:31:00 AM
From: Patrick Slevin  Respond to of 58727
 
Mixed signals. The bias is up....but I do not think very much in relation to the move we just had down.

If up, I'll be stopped at 1137.10, looking for a re-entry.

Another good time to short is perhaps around 2 ET. If you notice, very often the market moves higher between 1:30 and 2.



To: donald sew who wrote (38351)4/6/1998 12:32:00 PM
From: Patrick Slevin  Respond to of 58727
 
Pattern which matches today well puts the low at about 3:15 ET.

At the rate this is going, the DJIA will certainly be negative at that point, if the pattern holds up.