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

To: Chris who wrote (28357)	8/25/2000 10:20:46 AM
From: Chris	Respond to of 42787

emlx ??? down 31.. i have no position. thank god.

To: Chris who wrote (28357)	8/25/2000 10:30:54 AM
From: Robert Graham	Respond to of 42787

Buying interest has let up just before attempting to make a new high. Lets see what kind of selling interest comes into the picture. If this was a normal market move, I would say it was finished. But the market does want to make that new high. So I am not so sure. Perhaps one more attempt before selling moves price further down. Nope. After a type of bull flag, price moved down invalidating the bull flag. This happened at the touch of the 20 EMA 1. Onve last chance at another attempt coming up soon. A possible flag on the 3-min chart may be forming. But not looking good so far. But I would not be surprised at one more attempt. Price still within a congestion range from 1512.75 to 1617.25. I am looking now for price contraction along with some nice price action off of support. 10:37 AM Still not looking good. Price making new lows with continued selling interest. 7-min chart shows a top that was put in. Bob Graham