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


To: Gersh Avery who wrote (25218)7/11/2000 11:06:35 AM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
Looks like price is now making that anticipated upward push. This coincided with a touch of the 20 EMA 3. Optimal entry would of been at 1503.75, which is where I was thinking of moving my stop to. Still a bit too careful at times, intimidated by very "up close" stop positioning at times. :-)

Initial stop loss at 1403.00 for a 1.25 point risk. Getting ready to move it up. Whipsawing here is definitely possible. Those test of top players are playing the short side right now.

**update**

A pullback to the 20 EMA 1 from above. Getting ready to exit. Moved stop up to 1503.25.

**update**

Out at a one point loss. One last chance with an entry at 1504.75. But I will hold off on this one. Possible pattern developing on the 7-min chart.

Bob Graham