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

To: Robert Graham who wrote (13093)7/24/1998 8:57:00 PM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
I want to amend that even though some stocks are at a juncture where if they encounter additional selling there will be longer term technical damage, many of the stock look to be still in good technical condition even though their strong upward momentum may not return anytime soon. We could of been in much worse shape. Monday will help clear this picture up by seeing if the market has bottomed. I do not see this as a bottom having been made.

My time window ran out during the correction of my original post.

Bob Graham



To: Robert Graham who wrote (13093)7/25/1998 2:04:00 AM
From: Darth Trader  Read Replies (2) | Respond to of 42787
 
As usual, Robert your analysis is in the money. Going into this rally I thought things were too rosy, meaning too many bulls, too many people ready to buy. When Naz hit 2000 and Dow 9300, new buyers were not to be found. Maybe a 10,000 Dow will not happen until next Jan.


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