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SantaCruz

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SantaCruz

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Re: Zeev Hed post# 168381

Wednesday, 11/05/2003 3:38:43 PM

Wednesday, November 05, 2003 3:38:43 PM

Post# of 704041
IBM - any thoughts?

Breaking down below it's 50dma again. I've noticed more and more stocks doing that. I wonder if that's a precursor to the indexes breaking below their 50dma finally? Maybe after the rumored 'great' jobs report this friday? Naz 50dma should be 1900 by then.

QLGC seems to be pointing the way up - looks like a bullish pennant that it's breaking to the upside?

And as expected, I got jerked around with my 1967 line in the sand. :)

ST: hibernating till Sept
IT: hibernating till Sept
LT: Bearish
It's over, yhoo said so.

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