Market Gems-Trading Strong Earnings Growth and Momentum Message Board

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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: tom ablett who wrote (4068)	2/8/2001 1:49:16 AM
From: Jenna	Read Replies (1) of 6445

IBM, marketgems.com but stochastics are still very bullish and not so overbought as to be sloping down, IBM still trading above the rising 10 20 50 and 200 day moving averges with soaring Money Flow except right I see it turning down also, but when 111 was taken out it was just unstoppable. MACD as you can see is drooping a little. Where is that fine point between a very strong uptrend and an overbought stock? It can go on for a while the signs will simply be more droopy indicators especially the parabolic sar, and the simple but potent stochastics. I think IBM has a little more to go on the upside. Good nite...Gemmers its very late.

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