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

To: Robert Graham who wrote (26946)8/7/2000 2:40:21 PM
From: AllansAlias  Read Replies (1) | Respond to of 42787
 
Yea, the fade was the right move. Me and 25,000 other TA-types watched the wedge breakdown on the NDX-cash and it continues to give slowly.

BKX giving up the open after an excellent buying opportunity this morning.

I am watching very closely this third test down to the 802.5 level on OEX. If that gives I make make enough for 2 rounds of beer. -g

--Allan



To: Robert Graham who wrote (26946)8/7/2000 2:43:07 PM
From: Robert Graham  Respond to of 42787
 
Interesting development. TRIN is spiking upwards showing sudden selling interest. This after two upward spikes put in by TICK which is pointing to a move down by this indicator. The ND selling off after a retest of a top and now at a support. The SPOO has also moved down to its support, the bottom of the congestion trading range. Volume on the 7-min chart apparently confirming the move down.

Bob Graham


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