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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Suresh who wrote (33280)7/6/2001 9:59:21 AM
From: The Ox  Read Replies (1) | Respond to of 69852
 
Suresh,
Congrats on your shorts. Looks like your timing was excellent. Good call.

Have a great weekend everyone!

Catch ya later,
Michael



To: Suresh who wrote (33280)7/6/2001 10:50:03 AM
From: j g cordes  Read Replies (3) | Respond to of 69852
 
IBM's 200 day moa is 105 1/8th. Todays low is 106.65 so far.. the 200 day will serve as a support for a short while, until news breaks it below.

Then 91.74 is support at 200 week moa.. that should happen over the next three weeks, sooner if the big trading houses have already established downside profiting positions.

Jim


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