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Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?


To: DAN KACKLEY who wrote (2135)1/17/1998 1:49:00 PM
From: Chris  Respond to of 8219
 
105-106 crucial resisntance..

my weekly charts still not confirming up rally.. i'm a trader that looks for the big moves.. and this 100-105 isn't what i call a big move.. we are basing right now... im not as bearish as i once was, partly due to improving mkt conditions...

again, my indicators are very sensitive, so one week i can be bearish, one week i can be bulliish..

the mkt looks ok.. need to take out those 50 ma's..

BTW:
here is a chart i did on sunw..

geocities.com

chart is not updated to latest data..

Chris (the neutral) <g>

notice: we have not seen the full asian effect... next Q reports will have it for sure. im worried that investors are too optimistic and saying "see, we are over-worried".. No.. the effect will come..



To: DAN KACKLEY who wrote (2135)1/17/1998 8:14:00 PM
From: art slott  Read Replies (1) | Respond to of 8219
 
The Jan. 5 issue of information week was very bullish for IBM. 65% of corps. will spend more on tech. E-commerce will grow big time, so will Nc's, extranets, outsourcing, Y2k etc. IBM is in a great position for this growth.

Regards, Art



To: DAN KACKLEY who wrote (2135)1/18/1998 12:42:00 PM
From: vahe  Read Replies (1) | Respond to of 8219
 
Is it true that IBM shares will split ????



To: DAN KACKLEY who wrote (2135)1/18/1998 7:42:00 PM
From: Chris  Read Replies (1) | Respond to of 8219
 
dan.

got a 21,50 ma bearish crossover couple days ago..

i expect mkt to head down next week... i doubt 50 day ma's for the indexes will be broken..

ibm will go down to retest 100 support... it must hold or else 90's levels will be seen..

i expect ibm to test 105-107 (max) on this current rally, and the rally will fail if mkt does not move higher..