IBM Message Board - Msg: 5415236

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Technology Stocks : IBM

IBM 308.58

+1.8%

Nov 28 9:30 AM EST

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To: J R KARY who wrote (3655)	8/5/1998 10:23:00 AM
From: Greg R	Read Replies (2) of 8218

<<don't see any acknowledgement of your charts ever misbehaving>>Oh? Ex: my July 22 call that IBM would peak July 31 at $130, that was wrong, it peaked at $138 Message 5363582 Last night's call was obviously wrong. The data points for this current set of action are few and spread wide apart. As best I could, my resulting coarse chart showed the First X-over for this current set as being closer to tomorrow's trades than todays. Wrong, It was today. The error on the chart is about 3/4 of a day, but in fast and furious action like we have, that was enough to cause me to make some wrong steps that resulted in less than maximized profits. I do not believe anyone has ever said that INPATHIQUE is the greatest tool for day trading, although I keep trying, because it has been very helpful in a number of cases such as this AM when the DOW hit its lowest permitted point for the day (according to my charts) at 8410 to 8415. I immediately took VERY short long positions. Greg

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