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

To: Chris who wrote (27111)	8/8/2000 3:05:41 PM
From: Robert Graham	Respond to of 42787

Interesting...I was anticipating one more attempt at a push up which can follow through to some degree because of an initial poke up that cleared stops. In situations like this, I find at the very last "minute" price can give a buy indication that one has to be quick to notice, considering in reality it may give only 15 or so seconds to respond to it before price responds. I also was looking at the 135-min chart that showed the market may be salvaged once again by a buy indication there. But this is very difficult because in that time frame the buy indication can come at the last "minute". Well, at the last "minute", there was a buy signal on the 1-min chart nicely confirmed by price action. Then price moved up. This is normally only good for a couple points at best. but at this market juncture, frequently "little" indications like this can result in surprise moves. THis is what has happened. I see it as one way the market can trick most of the people to help fuel an initial move. Now I am looking for momentum to pick up on the 3-min chart for a possible buy signal there. Still learning the how this new "system" operates, but it is fitting with past experience surprisingly well in some of its behavior. :-) Bob Graham