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

To: Lee Lichterman III who wrote (23393)	5/24/2000 8:54:00 AM
From: Gersh Avery	Read Replies (1) \| Respond to of 42787

Re NDX futures .. To get the complete picture you have to get a fair value number for those. I don't think that the +27 gets it into buy program area yet. SPX futures closed a little above fair value, but not the NDX. (I believe, that is .. if I got it wrong somebody please correct me.)

To: Lee Lichterman III who wrote (23393)	5/24/2000 9:02:00 AM
From: Robert Graham	Read Replies (1) \| Respond to of 42787

Interesting. Something may be up in the market. The SPOO is becoming a bit spikey before the open, which is a bit unusual. This happened after a test of top where price contracted and then started to move down. Meanwhile, the NASDAQ futures pre-market have been slowly moving up. But I see that it may turn out to be a bear flag that can send price down for a test of support, which is what I am anticipating. Bob Graham PS: I also see see a "lets f*ck with the public" triangle put in late yesterday that price has been resolving down from on the 15-min NDX chart. I find that triangles are noted for their fakeouts, whipsawing price that initially does successfully break out from them, and price reversals that are staged around this pattern in the intraday time frame.