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To: The Freep who wrote (127028)	12/13/2005 7:34:06 PM
From: cybersaavy	Read Replies (2) \| Respond to of 209892

Curious if anyone would care to take a shot at labeling this one here. I'd probably swallow just about anything at this juncture. ttrader.com cs

To: The Freep who wrote (127028)	12/13/2005 11:09:28 PM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

IBM........Looks like the proverbial elephant in a china shop just tore through the IBM chart......... And FYI can't help kicking myself for letting myself ..once again....be drawn into any interest whatsoever in a stock in a long-term downtrend.....i.e. a stock with a falling 200d MA....Gotta strengthen and return to my original voodoo beliefs......which have always served me well...Grrrrr... Gap down......breaking the most recent UT line (from the Sept low).......breaking support at the Jul and Oct triangle highs.........breaking support (or rather lacking any support) which should have come into play at the 50d MA........AND all on substantially higher volume. A disgusting sight indeed. Was thinking of posting a chart, but might not be wise to do that around dinner-time for you and the others on the left coast. MAYBE she can hold at the 200d (81.82 and falling)........MAYBE a "return to breakout" rationale can be patched together at some point......BUT probably best just to bow out at the next dead-cat bounce...and fuggedaboudit...... Hard to see how Shack is going to get his Uber-Bull moving right now sans-IBM..Maybe the IBM chart can get a face-lifting job completed in time for my Uber-Bull....which is scheduled a little further down the road.... (And I've just come from finishing my Xmas cards...penning notes filled with uplifting sentiments........sigh.....)