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

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To: dennis michael patterson who wrote (21006)	5/7/1999 3:15:00 PM
From: Robert Graham	Read Replies (2) of 42787

3:00 PM went by with nothing that happened. Not at all impressive. Possibly another "late" market day. This means at about 3:40 PM we may see something. The market today is still wanting to higher but no funds are being committed in this direction. Update I was thinking that NASDAQ may have failed its pennant on the 15 minute chart. I see price movement down now. Lets see what happens on a test of 2488. The Stochs broke the 50 signal line and the NASDAQ is responding. Bad sign for the intraday interm. A possible move down to 2462 which would place the NASDAQ back into negative terratory. A pullback by the INDU that is now at support. Bob Graham

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