Stock Attack -- A Complete Analysis Message Board

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

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To: dennis michael patterson who wrote (25237)	7/11/2000 12:42:36 PM
From: Robert Graham	Read Replies (1) of 42787

IMO smart move. The market has stalled for the lunch session and is "casually" putting in a top on the 15-min chart of the SPOO. Volume appears to be validating this move. Also interesting that the TRIN has bounced and after a consolidation is reaching back up toward 0.90 showing there has been a significant underlying shift toward selling in the market. TICK has just pushed down through a trend line and is remaining down attempting to move past zero. Not looking pretty right now. :-) Still, looking at the ND futures, the NASDAQ may be good for one more move up for an attempt at a test of the today's high. But looking at the quote summary chart I have, almost all the gains made during the morning have evaporated! Bob Graham

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