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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (3379)7/20/2000 5:50:55 PM
From: GTC Trader  Read Replies (1) of 30051
 
Zeev,

If you have any opinions on long-term holds of IBM, BA, and GM, with corresponding buy points, I would be interested.

I don't want to chase IBM, so I am thinking a GTC at 110.
BA is at the top of the 35 to 45 rectangle, so I see getting it on continued strength or a drop to ~36 or 37.
GM is near the bottom of its 60 to 90 rectangle, so current pricing looks good if one sees continued strength.

All comments by anyone on the thread welcome.

TIA -- HB
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