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

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To: Electric who wrote (10345)	6/17/1998 10:10:00 AM
From: Robert Graham	of 42787

Be careful not to step in front of a moving train. The breadth is positive by 3 to 1 with larger cap stocks participating in the rally. All indices (DJIA, S&P 500, and NASDAQ) up for a substantial open. Up volume to down volume is over ten to one. Very positive preopen stats such as the foreign market closes (Hong Kong up 6%) and the S&P Premium over 10 points at open. At least wait for a critical resistance to be encountered and validated. I do not know where the market is at this moment, but 8750 comes to mind here. JMO. Bob Graham

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