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


To: Chris who wrote (10174)6/12/1998 1:23:00 PM
From: Robert Graham  Respond to of 42787
 
The market is going through a volatile period right now. I adjusted my charting back to being updated in 5 minute intervals instead of one minute intervals. Much better!

Will it bounce at 8700? That is the question!

It does look like the market retested 8760 three times before breaking down. So there was some intraday validation of that pivot point...but not much. Still, the day is not over yet.

Ohoh...TRIN has popped to a higher value at juncture and the TICK has been moving down just previous to this. Are trading curbs in effect right now? If they are not, perhaps a program sell will come into this picture.

Bob Graham