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

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To: donald sew who wrote (28008)8/21/2000 9:25:53 AM
From: Robert Graham  Read Replies (2) of 42787
 
Price on the SPOO continues to contract. So price is getting ready to do something. Looks like the market is getting ready for an initial move down. But right now it is close to testing resistance at 1505.50. So we may have a test of this resistance before an attempt at a move down. Price right now at 1503.75.

Hmm...the recent high at 1508.00 is nearby. So I think this will be the target.

FWIW.

Bob Graham

PS: I have updated this post and changed a number. The 1507.00 I changed to 1508.00.
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