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


To: art slott who wrote (2272)1/24/1998 10:39:00 AM
From: Art C.  Respond to of 8220
 
Art----It's more like it's trying to move forward despite all the bears hanging onto the anchor.

Art



To: art slott who wrote (2272)1/24/1998 7:49:00 PM
From: DAN KACKLEY  Respond to of 8220
 
Art- The TITANIC didn't make it to port--PROTECT YOURSELF!!

Sure is looking scary to me, we broke the wedge formation, we are hanging on the down side, volume is going down(Buy back has stopped),political turmoil, possible war, Asian effect etc.

At a very least stops are in order, although I have seen IBM open with a gap on the down side of as much as ten points (if my memory serves me correctly)

Cash now with a buy stop might be a better choice?

Dan (The BEAR)