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

To: carolyn walder who wrote (7487)	4/6/1998 6:27:00 PM
From: Robert Graham	Read Replies (1) \| Respond to of 42787

Thank you very much for the input. I may not be good yet at anticipating the day to day price action of stock from the tape as I have proven on my last attempt with one of Judy's stocks, but this stock certainly looked suspicous to me. I did not see what I term as "good" accumulation...yet. Also there were periods I saw the price move up on what appeared to be sales, which is normally not a good sign considering how much this stock ran up intraday on that Friday in question. But as Judy said in another post to me, a trader still can play the 'flux". Still, I think the odds would be much more in my favor if I played the "flux" when the the price momentum was on my side for a long position trade in the stock, which would mean waiting for the stock to break out and establish an uptrend under increasing price momentum. Each trader has their "technique" which with the right methodology and discapline they can make work for themselves. Heck, some think my involvement with options is just short of gambling. Bob Graham