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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (5171)1/27/1998 10:25:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
96 will not hold (gut feeling).. you have many fishes in the sea.. you have the naz stocks ready to take off.. ibm is a nyse stock..

trading the channel is a good strategy when you know you have "strength" beneath a stock (so to speak)..

but right now, IBM is taking "hits" and is getting bruised up.. you have bad earnings, downgrades..

IBM in the sense is dying..

i expect low 90's once 96 is broken.. and i expect recovery/uptrend months from now..

yes.. months.