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Politics : Idea Of The Day
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To: Jerry Olson who wrote (38390)4/9/2001 2:26:09 PM
From: Jerry Olson  Read Replies (1) of 50167
 
Live Headline
09-Apr-01
13:50 ET IBM (IBM) 94.24 -3.71 (-3.7%): -- Update -- Technical -- Breaks down today after failure late last week to take out resistance near 100 (March 27 high/100 day simple ma). Short term IBM has filled the April 04 gap at 94.05 and such a development can trigger at least some type of bounce. Intraday resistances are at 94.89 and 95.60. However, without follow through beyond the 97 barrier it will remain vulnerable back to next support at 90.
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