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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Susan G who wrote (31064)3/1/2002 9:57:06 AM
From: Paul Shread  Read Replies (1) of 52237
 
Michigan just under estimates. That 40 ADX in IBM is awfully high for a blue chip, and right above a critical support too, the 1993 trendline. The daily looks like it could drop another 10 points, but the high volume in the bear flag makes me think it could pop here too. A tricky one, IMHO, but definitely a battleground here.
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