did IBM double top ?

[Wallace]

seen in passing

don't know if IBM is any kind of bell-weather of the markets, but it looks like a dt to me

 

[Wallace]

here's the chart

 

[Bry]

http://bigcharts.marketwatch.com/ka...lf2=32&lf3=8&height=981&width=1045&mocktick=1

Yeah, looking ugly like so many other stocks today.

 

[Xspurt]

Yup, that was then and now this support zone looks sweet. Up trend line meets horizontal on the weekly. Daily just needs to show a tuck-in-preparation and that looks underway. If that pull back then shows a buy signal it will offer good potential.

IBM is just following the waves on the main Indices.

 

[Xspurt]

doing nicely

 

[Rob Johnson]

thats why you're the Xpurt

 

[Xspurt]

Quote from Xspurt:

Yup, that was then and now this support zone looks sweet. Up trend line meets horizontal on the weekly. Daily just needs to show a tuck-in-preparation and that looks underway. If that pull back then shows a buy signal it will offer good potential.

IBM is just following the waves on the main Indices.

The beast made it up 10%+ in 2 months from the weekly support. Not bad in that time period