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To: Henry J Costanzo who wrote (127023)12/13/2005 6:45:43 PM
From: The Freep  Read Replies (2) | Respond to of 209892
 
Hey, MC... this IBM daily has suddenly gotten way less bullish than it was last week:

stockcharts.com[r,a]dhcayiay[pb20!b50!b200!c20!d20,2!f][vc60][ilb14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J5593496,Y]&pref=G

Break below 50 dma AND uptrend line on a gap with big volume. Also, it's really hard to look at that move off the 76.75 low as anything other than 3 waves, even if we don't wave individual stocks <g>

You have thoughts here? I'm Dow-bullish in the mid-term,but that's not a chart that offers much for the short term....

the freep