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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Tim Davies who wrote (11553)8/29/2002 11:51:50 AM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
IBM...

Tim:

Keep an eye on 75.00...

That's where the 20 day MA sits... It's important to see the price move below 75.00 on a closing basis for your puts to pay off... If 75.00 continues to act as support and a possible launching area, then cut your losses... The next few days should tell you what to do...
stockcharts.com[m,a]daclyyay[pc20!a75][vc60][iLb14!La12,26,9]&pref=G

So far, the trend appears to be down...

Jim