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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (28690)	3/21/1999 1:38:00 PM
From: Burjis S.	Read Replies (2) \| Respond to of 120523

JG Cordes just a little excerpt from John Murphy IBM TUMBLES Last weekend's recap showed IBM starting to underperform the Dow. We also suggested that the previous week's close under 180 was a caution signal. Big Blue ended the week near 169 and appears headed for a retest of its February low near 160. If that's broken, IBM could drop to its 200-day average near 150. Money flowing out of technology shares like IBM is flowing into energy shares which are showing better relative strength. Chevron was one of Friday's Dow gainers.