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


To: Chris who wrote (25738)7/20/2000 3:16:01 PM
From: Daveyk  Read Replies (1) | Respond to of 42787
 
Trin 1.32 and tick barely negative.Averages up;interesting.



To: Chris who wrote (25738)7/20/2000 3:24:23 PM
From: Robert Graham  Respond to of 42787
 
A touchback of the bottom of that previous congestion trading range. Lets see if it moves back into congestion range, or continues down for a failure. This would mean continued selling. Otherwise a possible congestion pattern is forming that may put in a larger top on the 15-min chart.

Hmm...taking a step back here, given the gains made today, and the trading range being established on the ND on the 7-min chart, perhaps price will end in this trading range on the SPOO where the top is not complete when the market closes leaving many to "guess" what will happen next. Just a thought. The NASDAQ is continuing to show strength while the TRIN has been continuing to move up and the TICK has once again unsuccessfully broken through its resistance.

Bob Graham



To: Chris who wrote (25738)7/20/2000 4:05:00 PM
From: Robert Graham  Respond to of 42787
 
A touchback of the bottom of that previous congestion trading range. Lets see if it moves back into congestion range, or continues down for a failure. This would mean continued selling. Otherwise a possible congestion pattern is forming that may put in a larger top on the 15-min chart.

Hmm...taking a step back here, given the gains made today, and the trading range being established on the ND on the 7-min chart, perhaps price will end in this trading range on the SPOO where the top is not complete when the market closes leaving many to "guess" what will happen next. Just a thought. The NASDAQ is continuing to show strength while the TRIN has been continuing to move up and the TICK has once again unsuccessfully broken through its resistance.

Bob Graham

PS: I have been having trouble posting this for some time now. So this is late.



To: Chris who wrote (25738)7/20/2000 7:44:08 PM
From: dennis michael patterson  Respond to of 42787
 
You sold Xlinx, right? Got crushed after hrs. Good thing I did not get filled on dem putz!