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


To: Robert Graham who wrote (28133)8/22/2000 10:21:00 AM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
I am beginning to think "down". A bounce off of important support and a chance to invalidate a bear flag both did not result in a move up. Either this market is going to end up operating in a longer time frame, or price is moving down from here.

10:22 AM

Short stop at 1509.50.

10:27 AM

Initial stop loss will be set at 1510.75. Price is congesting in the 1-min time frame. Must be careful of whipsaws here. I will abort the trade shortly.

10:29 AM

I have aborted the trade. Now I will wait to see what the market will provide me next. Perhaps even indicate to me the slower time frame it is currently operating in.

10:33 AM

Here is another attempt at a move down after a small test of top on the 3-min chart. May go down from here or continue in congestion.

Bob Graham