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

To: Paul Shread who wrote (28561)	8/28/2000 12:09:03 PM
From: Robert Graham	Respond to of 42787

Much better breakout potential on this last push up. 12:12 PM TRIN has not validated this last move up yet. TICK made a push up with the ND futures continuing to move up. But apparently the selling has not given up yet. Always nice to confirm the status of selling unles price continues to responnd to the buying interest, which it di not as it was attempting to break out. 12:18 PM Looks like price wants to go down from here. Bob Graham PS: My chart are periodically going out now.

To: Paul Shread who wrote (28561)	8/28/2000 12:36:27 PM
From: Robert Graham	Read Replies (1) \| Respond to of 42787

Selling has not let up. When it pauses, buying comes in to lift the price. Then selling reasserts itself. But I will not think "down" until price confirms by moving past its congestion trading range. 12:39 PM Now buying is picking up a bit more consistently. All this means is there may be another attempt at the upper boundary of this trading range coming up. As long as selling can reassert itself, it can turn into another fakeout. 12:46 PM Nope. Selling has reasserted itself when the buying let up. No commitment on either side except a preponderance of selling. 12:49 PM Here we go for a test of support. Bob Graham