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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Brian Hornby who wrote (13578)1/24/1999 10:21:00 PM
From: Ms. X  Read Replies (1) of 44573
 
Buy on the dippers need to make sure of support levels. One wouldn't want to guess right now but yes, a lot of things will become very attractive.

INTC broke one level of support and is holding the second at 130. A move to 128 would be the second sell signal and I would hedge at that point or if trading, it would be a trade stop.

IBM broke support on Friday with the next support around 170-164. Could test this area and I would hold off on IBM right now. Damn fine stock this year.
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