INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: Berney who wrote (7164)	10/25/1999 5:57:00 PM
From: bobby beara	Read Replies (1) of 11051

Berney there is your tech leadership bigcharts.com all these pension funds that have big caps like ibm, mo and xrx are getting bagged lately. I just spotted a monthly ibm chart on today's intelligent speculator, had an ADX of 60 at the peak, which is usually a buying climax reading. I also can count five waves up from the 93 trough with 1 ending 95, 3 ending 97 and 5 ending recently, it wouldn't surprise me to see a repeat of the the bear market it had from the 87 top. Everybody loves this laslo birinyi guy and think he some kind of god, but he reco'd IBM on chucklreyser several weeks back at around the 125-130 area -g-, he's batting a 1000 lately he pitched aol and schwab in early april -g- the last time i remember him on the show. bb

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