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

To: Gersh Avery who wrote (28083)	8/21/2000 3:19:48 PM
From: Robert Graham	Read Replies (1) \| Respond to of 42787

Well, after a little more headway on the downside, price is at one possible turn around point. On the 3-min chart, price left a little triangle to make a test of bottom and then return moving up for a test of the wo EMA on the 3-min chart. This is significant since the 20 EMA on this chart has been describing the current sell off. But I would suspect a possible whipsaw first. So lets see if this small bottom on the 3-min chart resolves to the upside. Damn. As soon as I posted this, I see price has moved up beyond this EMA. Now price is at the 20 EMA on the 7-min chart. This IMO will be the more significant test. Bob Graham