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

To: Chris who wrote (25200)	7/11/2000 10:40:33 AM
From: Robert Graham	Read Replies (1) \| Respond to of 42787

Very good price contraction ending at my entry. Now we shall see what today's market is made out of. Price has moved up for a test of top. We are at a juncture now. I think I am beginning to hear some praying right now. Good traders got in much earlier than this, like at about 1499.75. Or optimally at 1493.50 on the first minor pulback after the opening range breakout. Now showing characteristics of a rounding top on the 1-min chart. This can mislead in a trending market after whipsawing some players out of their recent long position. And even if this pulls back for at least a scalp to the short side, this pattern is difficult to properly time. Bob Graham