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

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To: Chris who wrote (13758)	8/4/1998 1:00:00 PM
From: Robert Graham	Read Replies (2) of 42787

I think it is a bit premature for those calling for 8000 by the end of the month. We are tending to treat intraday data the same as end of day data here. They are not the same. This is particularly true in this volatile market. The market bias is definitely downward as we have been seeing. But an appreciation of timing is important here for the trader. IMO it will be important to see what the market closes out at today. But considering the near term evolution of this market, I would not be surprised if lower lows are made this week. Bob Graham

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