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Strategies & Market Trends : Classic TA Workplace

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To: Shack who started this subject9/10/2003 9:16:46 PM
From: jjstingray  Read Replies (2) of 209892
 
IBM pulled back nicely today. Anyone taking a nibble. This was the pullback the stock needed. Now I am sure people are worried the market is going to tank. But if you believe the setup, that thing still has the 110 target, and this is the discount the market is giving us to get in.

Also, DNA dropped a bunch today. Invalidated the wedge breakout? Nope, she closed right at the wedge line. Great action on that one. I still think it runs up huge. Wish I was around today, I would have purchased calls on that one for sure.

stockcharts.com[w,a]dhclyyay[db][pf][vc60][ilb5!lb14!lh5,5!li10,10!lp14,3,3!lah12,26,9!ll14][J17283456,Y]&pref=G
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