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

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To: Chris who wrote (25170)7/11/2000 10:11:23 AM
From: Robert Graham  Read Replies (3) of 42787
 
Everytime the market attempts to continue a rally it starts, it pulls back significantly indicating the selling is not over. Until this pattern stops, I would not call it a trending market. Today, we had a good push up. If this fails, then I think we will be seeing more selling. I am looking closely at the 15-min chart as this progresses. I think any relevant signal for your purposes will come from there as far as the SPOO is concerned. The market is operating in that time frame.

JMHO.

Bob Graham
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