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

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To: dennis michael patterson who wrote (14416)	8/11/1998 2:38:00 PM
From: Robert Graham	Read Replies (1) of 42787

We are very close to a pivotal point in the market right now. The last attempt at a sell off did not extend the losses for the market bounced back. Given that many key stocks are still above supports right now, and I am talking about stocks like INTC and MSFT and GE and IBM, then I do think a bottom may be forming right now. We may not see any additional losses that will keep the market down further than it already is. Time will tell. But I am still not at all happy about the way this market is trading recently, including today. I agree this is not the sell that would set a good bottom. Bob Graham

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