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

To: Chris who wrote (9055)	5/29/1998 12:33:00 PM
From: Robert Graham	Read Replies (1) \| Respond to of 42787

Looks like the DJIA is at an established intraday support from yesterday at approx. 8940. If the Dow moves below this number, then it will continue its decline. It looks like the S&P 500 is a distance above support, and the NASDAQ is near support similar to the situation with the Dow as described above. The advancers still outnumber the decliners by a healthy amount, and the up volume is double than that of the down volume on the NYSE. However, it looks like there are more buyers stepping into the market since the program sell and the TRIN is continuing to increase above 1 to a value of 1.38. Bob Graham