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

To: Robert Graham who wrote (20319)	4/9/1999 4:09:00 PM
From: Robert Graham	Respond to of 42787

It looks like a good chance for all three indices, the DJIA, S&P 500, and NASDAQ to make new highs. Oh, oh, a last minute program sell pulled the indices down back down to intraday support. The danger of MOC orders. I do not like the way the market has been making a strategic price move right at the end of the day that gets the attention of others and helps to continue this market move. This is a pattern. Now we see the market make the same attempt, probably due to others recognizing this pattern. This time it was not successful. But considering this was to be a down day for the DJIA, the market is continuing to show strength. But this is another sign on my growing list of short term concerns of the market. One of the larger concerns on my list is the breakdown of YHOO in the recent past. Bob Graham