Stock Attack -- A Complete Analysis Message Board

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

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To: Chris who wrote (8949)	5/27/1998 11:44:00 AM
From: Robert Graham	Read Replies (1) of 42787

Looks like the DJIA went past its intraday low and is now bouncing up back to its intraday low. Now I think it will test its intraday low from the other side now where this low will respresent resistance. If it manages to move convincingly up past this previous low, this failed breakdown may mean some up action in the Dow that may carry with some strength. If the Dow validates this previous low and starts to continue its move downward, we can be in store for some substantial additional losses in this index. We will see if these price patterns carry any weight with the Dow. Bob Graham

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