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Technology Stocks : IBM
IBM 308.52+1.7%Nov 28 12:59 PM EST
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To: Greg R who wrote (3514)7/30/1998 2:13:00 PM
From: Greg R  Read Replies (1) of 8218
 
Re July 31 target of $130. Obviously low. Using the latest data since July 22 forecast, I have taken a stab at the lowest INPATHIQUE patterns. The data points are coarse, but it appears $135. Probably tomorrow morning in keeping with the DOW which is scheduled to resume the last half of its correction. Bottom appears to be August 11 on both.

For the record, although the IBM chart still shows $124 on August 20, I believe that point should be about 2 or 3 trading days further into the future.
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