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Technology Stocks : IBM
IBM 308.58+1.8%Nov 28 9:30 AM EST
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To: Marty who wrote (3805)9/10/1998 1:25:00 PM
From: Greg R  Read Replies (2) of 8218
 
Marty - If I was looking for a "best buy" I would go by date, not price. That first lowest price would be Sept 17. My private INPATHIQUE chart show the price bottoming on that date. Reference my last post on prices at: Message 5653700

I lean towards the $109 target. Then the price shoots up, then back down again, probably much, much lower ($80 to $100 mid October). The latter half of these INPATHIQUE Bear-sets is much harder to accurately predict however. The real money is made on the first half and often on the expected rise that follows Sept 17.

If it behaves itself on the last half, I will seriously consider purchasing long term long positions mid October.

Good luck with your approach. Nothing I am saying here is in conflict with my long term confidence in the stock's price.
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