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

To: Chris who wrote (8733)	5/19/1998 10:29:00 AM
From: Robert Graham	Respond to of 42787

I took a quick look at the indices S&P 500, DJIA, and NASDAQ. The DJIA looks to be in the best position for a rally. The other indices to the indicator I use at the bigcharts web site do not look as healthy. I think the key here is the S&P 500. Your sensitive short term indicators must be telling you a slightly different picture. I think the length and strength of this rally will depend on how much the initial run will end up showing up on the indicators that I have been using. If there is going to be a strong run, I think there will be an initial run up, a pullback of consolidation for a few days, and then a continuation. The next run will then have a good technically strong "base" to move from. Just some thoughts. Bob Graham