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As I see it, we are still forming a handle so short might be right for
tomorrow. Like all patterns it might fail. I'm not expert on the formation
but it looks very much like other examples I've seen. I don't trade the
Spooz so I'm not worried.
Brent
-----Original Message-----
From: Mike Higgs <moongate@xxxxxxxxxxxxxxxxx>
To: BrentinUtahsDixie <brente@xxxxxxxxxxxx>; Real Traders Forum
<realtraders@xxxxxxxxxxxx>
Date: Thursday, July 08, 1999 9:38 PM
Subject: Re: FUTR: Cup and Handle in the SP
>
>>Is everyone that trades the Spooz ready to pounce on the cup and handle
>>formation that is developing in the Sep SP? Very bullish if it works.
>
>Nope, I'll be short tomorrow at the open.
>
>Regards & good trading,
>Mike
>--
>Aboard 35' Edel Cat "Moongate" in New Bern, NC
>
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