Replies to post #148759 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

No mistake, $78.15 to $78.25 is the major support, and if we get a "whack down" it might even be taken out. IBM's chart looks very distributory here in the last few months.

[schloss_1]

Paul-

Lots of ways of looking at it. Even at 78, IBM would be selling for 5% above it value based on earnings. Could it drop to a point where it might actually be a good buy? Sure.

schloss