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To: Chris who wrote (27128)8/8/2000 3:22:25 PM
From: Robert Graham  Respond to of 42787
 
Market still holding support. Price made a premature move up now so is consequently whipsawing. No buy signal at this point yet. One may show up on the 7-min chart, but it would be similar to the one that showed up before.

Now price is selling off to more significant support, the top of the previous congestion trading range.

**update** 3:25 PM EST

A odd type of bull flag no the 3-min chart. As long as price holds support at or above 1491.00, I think the market will try another push up.

Bob Graham



To: Chris who wrote (27128)8/8/2000 3:32:49 PM
From: Paul Shread  Read Replies (2) | Respond to of 42787
 
We're right at the upper boundary of the Dow diamond, and Don's signals say sell, so if I had any cajones, I'd short DIA and get out on a close above 11,000. Must confess I so far haven't had those cajones myself. ;-)



To: Chris who wrote (27128)8/8/2000 9:29:27 PM
From: dennis michael patterson  Read Replies (5) | Respond to of 42787
 
Chris and Thread: i would appreciate comments on this chart: would you buy it when the stochastic lines crossed? TIA

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