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

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To: Chris who wrote (28626)8/29/2000 11:20:25 AM
From: Robert Graham  Read Replies (2) of 42787
 
Perhaps a short entry at 1511.00 or 1511.25. TICK has retraced to its 50% point. NASDAQ has pulled back to a minor resistance. Price has contracted on the SPOO at the high of its congestion trading range. Nothing here setting up well enough yet.

11:22 AM

In at 1511.25. Initial stop loss at 1512.25. Will not let this one back up on me.

11:25 AM

Still in the trade. Getting ready to eject.TRIN complimentary to a move down. ND futures holding resistance but has not resolved yet. TICK has done nothing yet either.

11:26 AM

Out of the trade at a one point loss. Perhaps onemore chance at 1511.50 short entry on this test of top.

11:30 AM

Tape action better on this trade. But not much progress yet. Initial stop loss at 1512.50.

11:33 AM

Charts went out on me. I am exiting from this trade.

Bob Graham
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