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


To: Chris who wrote (9069)5/29/1998 1:14:00 PM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
The DJIA made it through its first hurdle, but it has another to go. This is the high point of its last intraday price swing. I expected the DJIA to go down from here but it will have another chance very soon. If it completes this hurdle, then we have basically an intraday double bottom.

This is like watching a horse race, isn't it? This reminds me of the times I used to as a side interest of mine handicap horse races. In high school someone very knowledgeable at the track showed me some basics and I went on from there. Unfortunately the race course did have rigged races. There is an story behind this reputation of the race track. At times this was so obvious when the horse wanted to run and the rider needed to place effort into holding the horse back. You can tell by the posture of the rider on the horse and the horse's sudden change in performance. Then there was the time my freind's father who is a thorougbred race horse trainer had a rider who was beaten up and thrown over a wall when he did not go along with a rigged race. Ended up in the hospital for lengthy period of time.

It looks like the DJIA is inching up to its next hurdle.

Bob Graham



To: Chris who wrote (9069)5/29/1998 1:47:00 PM
From: Hawk  Read Replies (1) | Respond to of 42787
 
Hi Chris

What do you think of AOL. Looks like its momentum is
petering out.

Regards

H.



To: Chris who wrote (9069)6/9/1998 4:54:00 PM
From: Ross  Read Replies (2) | Respond to of 42787
 
Chris,

Your analysis was quite accurate on TXN..

You said:
"GET says txn completed a wave 5 top on 5/6/98. we are currently on wave 3 down. tgt price for wave 3 completion are 49.26 and then 40.00
from my analysis, i would expect txn to hit 49.26"


Are you still following TXN and what are your thoughts?
Ross