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

To: DAN KACKLEY who wrote (2461)	2/9/1998 10:56:00 PM
From: Chris	Read Replies (1) \| Respond to of 8218

we are ready for a move this week.. this week will be it.. still siding on down. last 3 weeks, weekly signal has turned more bearish.. man.. dont tell me i didnt warn anyone.. everyone had about 3 weeks warning if not more! <g> good luck all. ibm lost all of it's gains today.

To: DAN KACKLEY who wrote (2461)	2/9/1998 10:57:00 PM
From: Chris	Respond to of 8218

watch for a big drop too.. not a meesly 1 pointer..

To: DAN KACKLEY who wrote (2461)	2/9/1998 10:59:00 PM
From: Chris	Respond to of 8218

from metastock -- CANDLES: all automatic:: Equis - Candlesticks Review of IBM (IBM) as of 2/9/98 A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 4 white candles and 6 black candles for a net of 2 black candles. During the past 50 bars, there have been 20 white candles and 29 black candles for a net of 9 black candles. An inverted hammer occurred. If this occurs during a downtrend (which appears to be the case with IBM) it implies a reversal. Look for a confirmation of the reversal on the bar. A long upper shadow occurred. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought). A shooting star occurred (a shooting star has a small real body near the bottom of the candle and a long upper shadow). During an uptrend the long upper shadow indicates that the bears are gaining control and a top may occur. A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.