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

To: Greg R who wrote (3650)	8/4/1998 8:34:00 PM
From: saju chacko	Read Replies (2) \| Respond to of 8218

two points:..... what is INPATHIQUE... and how much does it cost to subscribe.... also, i didn't expect this drop in IBM at all.... i was watching it in the morning and it seemed to be holding its own then all of a sudden PAP... PAP.. PAP ... it got shot down.... sup with that? this is a bad sign if the market is only correcting those stocks that are overpriced.... i don't think that IBM is over priced.... anyway... i'm a long term hold on IBM (at least another 5 years) so this is no big deal to me... Saju

To: Greg R who wrote (3650)	8/4/1998 10:24:00 PM
From: WebDrone	Respond to of 8218

Greg- I admire your style. You just state your predictions, in black and white, no room to hide. Hat is off to ya. I'm another buy and holder- but I would like to buy some more. Never got my price, last time. Web

To: Greg R who wrote (3650)	8/7/1998 5:48:00 PM
From: Greg R	Respond to of 8218

Before anyone else says it - "that was dumb". I'm still learning. (The charts you look at on INPATHIQUE's private pages are my contribution to that site.) I wanted to see things as more bearish than they are. The short opportunity down to the first X-over in the current Bull-set was dead easy. But wanting to see a continuing short bear run within an overall bull-set, (and based upon only five or six data points) was just, well...dumb At any rate, I waited till IBM reached what I considered a low point for today and sold (puts). Although I DO expect it to go lower on Monday, the proceeds can make more "safe" money with WCOM for example at this instant. The DOW as well provided its easiest money when it bounced off its upper-boundary line and HAD to get below the Center-line prior to the Last X-over. I was hoping the DOW would do what has been becoming "normal" for the DOW and that is bounce off the Lower-boundary line. That would have realized great profits. However, after today's strength, that appears doubtful. Although I fully expect Monday to be a down day, I am not anticipating it being as bad as it could have been. For the record (8520 to 8650). The profits have not been as great as I always hope for, but profits are profits. Good luck all. Greg with his neck out as usual.