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

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To: epicure who wrote (15469)9/7/1998 5:25:00 PM
From: Robert Graham  Read Replies (1) of 42787
 
I agree that a rally is a possibility. Strength of rally is IMO the bigger question. The market did test its previous lows, did it not? I have not been paying attention as of late due to project concerns and PC problems. If the market did test its previous lows, this is what I was looking for in order to set the stage for a rally. Still I suspect the odds for a strong market rally this week is not very promising, but still possible. Money is still being taken out of the market by individuals and institutions last I checked. I hope Judy corrects me if I am wrong here. But the market can surprise.

I think you are smart not to trade off of predictions and stick with your short term indicators for determining entry and exit. Other than the anticipated direction, everything else is idle conversation.

Bob Graham
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