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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Chris who wrote (13883)8/4/1998 7:39:00 PM
From: dennis michael patterson  Read Replies (4) of 42787
 
Favors for tonight: very interesting. The LT trend has changed. July 20 was a major top, and today's action confirms it. ST, another day or so of down then "a powerful rally." In fact, he thinks it may be so powerful as to convince bulls "all is well." Then he'll go short. Trin closed today at 5.84-- 6 is the buy signal. Next support: 8326. He says if we get there it actually INCREASES the chance that we have reached a st bottom.
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