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


To: Chris who wrote (26922)8/7/2000 11:46:24 AM
From: dennis michael patterson  Respond to of 42787
 
long or short?



To: Chris who wrote (26922)8/7/2000 12:03:20 PM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
Here we may have the first extended pullback of the day that may be developing. We shall see when price meets the 20 EMA on the 3-min chart.

**update** 12:05 EST

Price is now at the 20 EMA on the 3-min chart. Here is where price would normally move up in this market. Any move down past this point would beging to confirm an extended pullback. The momentum indicator on the 3-min chart gave a sell signal. This may limit the next move up.

Bob Graham