IBM Message Board - Msg: 5253974

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Technology Stocks : IBM

IBM 308.58

+1.8%

Nov 28 9:30 AM EST

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To: Greg R who wrote (3455)	7/20/1998 3:53:00 PM
From: Greg R	Read Replies (2) of 8218

As promised - Last week I got my IBM charts redrawn. They have been uploaded to INPATHIQUE's private examples pages. The error I was looking for turned out to be 22 trading days out of 3722 being considered. But ignoring the excuses for the minute. What I'm looking at is IBM rising to over $127 over the next ten trading days, then decaying down through $124 around August 20. I will not be investing however (I never do on a new chart, I like to live with it and gain confidence). If it reaches the target of $130 July 31 or a comfortable proximity, then I will short.

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