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

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To: donald sew who wrote (28128)8/22/2000 9:51:27 AM
From: Robert Graham  Read Replies (1) of 42787
 
Short entry stop at 1407.50. This will be only for a scalp. Price is looking like another attempt at a move up is in the works. :-)

9:52 AM

I am out in 15 seconds.

9:53 AM

My stop loss is at 1508.00.

9:55 AM

Interesting. Price instead of moving up has been congesting. If another attempt at a move down does not succeed, I am out of this trade. The opening range has turned into a congestion range.

9:57 AM

Price is moving up to test the nearby 20 EMA on the 1-min chart. After waiting a short period of time, price moved up a bit further. I am out at B/E.

Bob Graham
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