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

To: John T. who wrote (25731)	7/20/2000 3:00:24 PM
From: Robert Graham	Read Replies (2) \| Respond to of 42787

I got out at B/E. Looks like a small top on the 7-min chart. Needs to follow through to validate this pattern. Looks like a touch back of the 20 EMA 1 right now. So if this is a small top, here is its chance to follow through. update Taking a while to follow through. I am begining to think of this as a cognestion range from 1512.50 to 1509.25. Now I see price moved down to test bottom of congestion range and is now attempting a bounce. Perhaps entry at 1511.25. Getting ready to exit. Must follow through now. Stop loss at 1510.75. Out at 1/4 point loss. Market too slow for me. Done trading for the day. update Price is moving down to test obttom of exiting congestion range again. I think price is getting ready to sell of some more. Interesting. Looks like the NDX and the DJIA is continuing to do well. update Yep...price sold off and is moving down to a trend line. Bob Graham