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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (125714)	11/2/2005 2:54:51 PM
From: Henry J Costanzo	Read Replies (1) of 209892

JPM.........Kinda surprised to hear you talk of a pullback to around 35 as if it were a major move, Freep...unlikely under normal circumstances..?? To me, pullback from 37.5 or so to around 35 seems de nada.......a logical, normal, unexciting pullback.....g.. You and I have already mentioned several features around the 35 level, and you've just added a gap to the mixture...Looking at the daily chart for this year alone, a drop of that size would seem to fit in very nicely here....gg Agree.....IBM needs a good talking to....Today's performance disgraceful........Will have to take another look to see what might be brewing over there...

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