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


To: Robert Graham who wrote (25318)7/11/2000 3:27:19 PM
From: Gersh Avery  Respond to of 42787
 
Yes .. basically tape reading ..

I figure that a very large amount of stock was purchased near the open today to try to bring about a short squeeze.

If that fails then the market on close sell orders could be really nasty.



To: Robert Graham who wrote (25318)7/11/2000 3:30:56 PM
From: John T.  Respond to of 42787
 
I just got a short term buy signal on the OEX.

Both the OEX and SPX have pulled back to support at the necklines on the inverse head and shoulders that posted last week. This support must hold.



To: Robert Graham who wrote (25318)7/11/2000 3:32:41 PM
From: Gersh Avery  Read Replies (1) | Respond to of 42787
 
we have the ripple now in the SPX cash.

Now to see if the folks have already unloaded or they were waiting ..