Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (25578)	7/18/2000 11:33:41 AM
From: Robert Graham	of 42787

Chris, notice the same type of pattern is still in effect that I pointed out this weekend? Strong move up followed by a strong move down all in the same day. On an intraday basis, that last rally was NOT being confirmed by volume. And even though there has been rallies, the bias in the broader picture still seems to be down. Looks at that long down candle on the 45-min time frame that ended at its 20 EMA. Price gapped down from there and continued selling off. Volume has been validating this sell off past the 20 EMA 45. The big money has spoken. Pice now looks like its at a point where it can meet some buying for a pullback. But my charts have frozen several minutes ago. Bob Graham

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