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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Casaubon who wrote (34188)4/12/2002 4:02:12 PM
From: Terry Whitman  Read Replies (1) of 52237
 
No- I don't recall having any thoughts about IBM- except for saying it was a hell of a good buy in the early 30's. I also noted a long time ago that the market tended to bottom on IBM high volume (30M+) down days. Frankly, I'll probably stay away from IBM- when it underperforms, it underperforms for a very long time. I'm more inclined to buy T here than IBM- it hit a 16 year low yesterday.

Internals looking real good here. New lows back under 40, A/D and U/D better than 2:1 positive.
quote.yahoo.com

Couple of big names dragging the Dow down. The RUT is looking good today. Assets continuing to be shifted to small cap names.

Check out the closing tick +1107. Muy bullish..
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