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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (343)2/4/1998 3:16:00 PM
From: Satyr  Read Replies (1) of 34816
 
I see some of you are getting ready to nibble at IBM. In my opinion don't. Throw out the day it rallied to 108 and you'll see this stock is still firmly in it's bear trend. As far as the "market is gonna to rally more" I think we're tremendously overbought and could be looking at as much as a 200 point correction in the DOW soon.
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