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To: chic_hearne who wrote (31228)10/25/2000 3:12:08 PM
From: Terry Whitman  Respond to of 436258
 
May be too advanced for buy and hold types, but the procedure would be:
1) Buy LU at 18-20 support.
2) Place a stop at some pre-determined % break of support (say 17 1/4), and take your loss if it breaks.
3) Otherwise, let it ride.

IBM hanging by a thread at support. Market better turn around here, or it may just break.