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


To: Les H who wrote (13764)8/4/1998 12:54:00 PM
From: Robert Graham  Respond to of 42787
 
Thank you for the info. It looks like my test has failed. Key stocks are still holding well while the DJIA continues its move down. The only constant I can see is that the market is more prone to bounce and attempt pullbacks from its down trend. But the down trend continues. It will be worthwhile to watch and see what happens to these stocks tomorrow.

So I have learned something today. I will have to look elsewhere. I do see that MSFT and INTC broke down while the market was moving down. So the Internet stocks appear to have formed their own world that currently is insulated from the rest of the market. This tells my an entirely different player is in these stocks that can ignore the rest of the market and stocks around them.

DELL is extending its losses and moving toward 107. CSCO is continuing its break down and looks like it may be moving toward 95.

Bob Graham