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

To: Robert Graham who wrote (24584)	6/27/2000 1:39:00 PM
From: Robert Graham	Read Replies (1) \| Respond to of 42787

Update 13:34 PM EST Now I know. That was a fib point together with a Stochs bottom. That shows what blindly playing fib points can do to a person. The smarter ones play it coincidental to a Stochs signal or another signal. But price action told me another picture. NOW price is testing the 20 EMA on the 45-min chart. The Stochs on the 15-min chart is bottoming out. This is where I would think price can reverse. We shall see. Update 13:40 PM EST Price now testing 20 EMA on 1-min chart. Here is one point where price will continue if this is a trend. I would exit at 1475.25 if price continues up from here. Update 13:45 PM EST Looks like I would be out of this trade. Here a few minutes later price is attempting to bounce from the 20 EMA on the 1-min chart after a short move down...it has now bounced. Now the market is at a juncture. Price is "wanting" to continue up. Price now testing the 20 EMA on the 3-min chart. This fits with the way the market has been trading. We shall soon see. Bob Graham