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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Robert Graham who wrote (22937)4/26/2000 1:53:00 PM
From: Robert Graham  Respond to of 42787
 
A small bottom on the 15-min NASDAQ 100 chart. Market attempting to rally now. SPOO shows a large Grail buy showing up on the 15-min chart. Lets see how far it gets. So far it made it above the Globex low. Initial target is about 1486.75 on the SPOO, and the second target is today's high. :-)

Bob Graham

PS: Update, not looking good. Remaining below 50% fib retracement point on the 15-min SPOO chart. That Grail sale was a little on the large side for even how this market has been trading. This means price is prone to whipsaws and even price reversals with respect to this Grail buy. The 7-min chart is showing a broadening pattern. I suspect price will make one more attempt at a move up..