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

To: Robert Graham who wrote (25348)	7/12/2000 12:29:21 PM
From: Robert Graham	Read Replies (1) \| Respond to of 42787

SI is very slow. By the time I managed to get that last post out, I already had an update. LOL So far there has been the beginning of that narrow congestion ranges talked about earlier. Price has now made an initial move down. Any move made at this point will be prone to whipsaws as we have just seen on the SPOO. Now price has touched back the 20 EMA 1 and the 20 EMA 3. If there was going to be a move, it would continued moving down from here. But this is the lunch session. So I would not expect any initial price move to follow through. But we shall see. :-) update I see onthe 7-min chart that price is contracting against the 20 EMA 7. If this EMA holds, I would anticipate an attempt at a continued move down coming up. Bob Graham