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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Robert Graham who wrote (39342)8/30/2002 1:59:33 PM
From: Robert Graham  Read Replies (1) of 52237
 
Yep, a triangle formation that has narrowed to very narrow bars. The NASDAQ has two points that it can whipsaw, for a possible double whipsaw. The idea here is not to take the first move put in by price, and be prepared to reverse your position after a scalp.

FWIW

Bob Graham

PS: Possible reversal points, using the crude charts on the Internet, looks to be about 1332.5 and 1346.
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