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

To: Greg R who wrote (3321)	6/18/1998 5:02:00 PM
From: wiley murray	Read Replies (3) \| Respond to of 8218

Short Term IBM Traders:IBM today 108 13/16 DOWN 2 3/16!IBM 110 support GONE! What about tomorrow?IBM could tomorrow below 105! Yen dropping market will also, and IBM will lead the slide! Anyone agree?

To: Greg R who wrote (3321)	6/18/1998 6:27:00 PM
From: Robert Scott Diver	Read Replies (2) \| Respond to of 8218

Greg, Thanks for the explanation. I believe that TA is a valuable tool. I don't agree that it can be successfully used in a vacuum. News, market conditions, competition, greed, fear and just plain stupidity on the part of market participants (eg. Seagate reports problems likely caused in part by IBM's success and IBM dips), etc. must also be considered. Perhaps I am reading too much into your response, but it seems that INPATHIQUE may not take data for all competitors of a company as complex as IBM into account. Good luck with your investments. Scott