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

To: dennis michael patterson who wrote (13659)	8/3/1998 3:33:00 PM
From: Robert Graham	Read Replies (1) \| Respond to of 42787

Hang in there! AOL is just one stock even though it is significant event if this stock has moved below important support and stays there. I will take a quick look at it. I enjoy being that contrary voice where appropriate. I am happy no one has taken it personally. Someone has to do the "dirty" work here, right? I do this we have an interesting and smart group of people here, each who adds color to this thread with their personality. This is what I think makes this thread work, along with the focus Chris has mentioned, and most importantly we respect each others opinion even though we may not agree with it. Update Too premature to tell, but beginning to not look good on AOL. Also, the market decided to retest its intraday low which is an important support at 8800. Even though by itself this is not a bad event, this should prove to be interesting. Some of the weak longs are getting shaken out of the market. Update Interesting! A gap down by the DJIA. The way this index is put together, I wonder how relevant this is? What follows from this even will tell us. It is right not testing the important support. If the rally is to proceed, we will need a bounce real soon now. Update The price is remaining at support. Volume indicates many shares are trading hands now. The time is about 3:30 PM, so the last part of the trading day is about to begin with this market. A well-placed program trade can make things very interesting at this juncture once a direction begins to be chosen by the market. Bob Graham