Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Chris who wrote (26932)	8/7/2000 1:06:43 PM
From: Robert Graham	Respond to of 42787

A pullback that needs to resolve up. I suspected this since momentum was marginal to support a move up at this point. And any time there is an extended congestion, usually there is a notable pullback. So if this push up does not resolve further to the upside, we will have our more significant pullback that can set the stage for further gains. TRIN has been putting in a minature trend upwards. What is interesting is that the Internets have been catching up apparently over the lunch hour. update 1:09 PM EST Looks like it is putting in a pullback after an initial push to a higher intraday high. Currently at the 30 EMA on the 5-min chart (20 EMA 5), and the 20 EMA 7 is close by. update 1:18 Pm EST Pullback continuing and price now testing the 20 EMA on the 7-min chart. Bob Graham