Stock Attack -- A Complete Analysis Message Board

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

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To: Gersh Avery who wrote (23432)	5/24/2000 11:56:00 AM
From: Robert Graham	Read Replies (2) of 42787

Negative premium???? Interesting! :-) Looking at the charts again, I see a large wedge that can resolve upwards. But if this is to happen, the move down would have to turn into a spike. It is possible with the way it is selling off now. So I would advice to be carefule when the next price target of 1375.50 is reached. Update 11:57 AM A test of botom is taking place. Caution is advised on a short position. Even if it continues selling off, this is prone to whipsawing. Update 12:01 AM Price of about 1380.25 should provide resistance...now testing support a couple minutes later. Update 12:04 AM To rally or not to rally, that is THE question. LOL We shall see very shortly. Bob Graham

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