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

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To: Lee Lichterman III who wrote (23393)5/24/2000 9:02:00 AM
From: Robert Graham  Read Replies (1) of 42787
 
Interesting. Something may be up in the market. The SPOO is becoming a bit spikey before the open, which is a bit unusual. This happened after a test of top where price contracted and then started to move down. Meanwhile, the NASDAQ futures pre-market have been slowly moving up. But I see that it may turn out to be a bear flag that can send price down for a test of support, which is what I am anticipating.

Bob Graham

PS: I also see see a "lets f*ck with the public" triangle put in late yesterday that price has been resolving down from on the 15-min NDX chart. I find that triangles are noted for their fakeouts, whipsawing price that initially does successfully break out from them, and price reversals that are staged around this pattern in the intraday time frame.
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