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

To: Davy Crockett who wrote (38178)	12/15/2000 3:33:36 PM
From: Robert Graham	Read Replies (1) \| Respond to of 42787

Thank you. This is a nice break from the mindlessness I have had to deal with in my personal life. The market in comparison is a more orderly and comfortable place for me. :-) Well, the market took off, broke through intraday resistance in a timely fashion, and has respected minor supports. Signs of strength. Now is challenging the bottom of the gap. The SPX is in a position to test and break a trend line, albiet a little delayed. This should be interesting. ...looks like going to retest that interim support. Time for some profit taking? ...SPX has broken its trend line. The COMPX is showing some selling with a type of price rejection of the resistance formed by the bottom of the gap. Looks like a little shake out is in progress. The market is diabolical indeed! The COMPX is now at its trend line. ...SPX closing in on intraday support. We shall see shortly what the COMPX does. Bob Graham