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


To: Robert Graham who wrote (21037)5/10/1999 2:32:00 PM
From: Robert Graham  Respond to of 42787
 
Looks like a tentative move down by NASDAQ which can continue. I would normally not think this worth mentioning if it were not for the 60-minute charts showing an intraday gap down which is very unusual. This after a breakdown from a wedge pattern points to continuation. Next downside target would still keep the NASDAQ above water.

Upon further examination, the pull back by NASDAQ correlates with selling in the before mentioned companies that showed buying activity earlier today that helped to boost the NASDAQ index. Some like AOL and CPQ are still showing strength. EBAY and EXDS now show tentative breakouts with EBAY looking the best of the two. It looks like things are starting to shape up. Here we are coming up to 3:00 PM, so we may see something shortly. NASDAQ is at an intraday juncture.

Bob Graham



To: Robert Graham who wrote (21037)5/10/1999 2:58:00 PM
From: dennis michael patterson  Read Replies (2) | Respond to of 42787
 
Agreed on rates. This is nonsense. These guys in the pits get what they want and they keep pushing. Looking to move up in the next few days.