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

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To: Nancy who wrote (10177)6/12/1998 1:35:00 PM
From: Robert Graham  Read Replies (2) of 42787
 
Looks like the market is at an intraday juncture. No direction taken yet.

As far as the techs go, I guess the public speculator decided not to step up to the plate this time. This is indeed a significant change in sentiment. But perhaps this sentiment change of the public speculator is coming near an interim end of this market sell off?

Looks like the bottom is continuing to form. After several tests of this intraday pivitol point, and the TICK and TRIN not making any headway in a negative direction, the DJIA is starting to move up. Next stop is 8725 which will be an important test of the edge of this congestion area.

Bob Graham
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