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

To: Chris who wrote (27127)	8/8/2000 3:08:19 PM
From: Robert Graham	Respond to of 42787

A type of buy signal on the 3-min chart. I would like to see better momentum on the 1-min, but it is also giving a type of buy signal, one that is not preferred but still can lead to movement. Would be better if this signal showed up in a larger time frame. So lets see what happens. Price action appears to be confirming...so far. Needs to be moving out very shortly, or I would then be suspect of this signal. update 3:11 PM EST Nope, now moved back for a test of bottom. We need to see buying here or IMO there will be a deeper pullback. Last chance is now. update 3:14 PM EST Great. We had two one point pushes up. I am not impressed. Charts show the buy signal has failed. I would be out of the trade now. Bob Graham