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International Business Machines Corporation Message Board

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  • mikedamico69 mikedamico69 Dec 2, 2012 1:28 PM Flag

    IBM: PRICE TIME SQUARE OUT AT LOW: 20 DAY CYCLE TROUGH NEAR

    he means it went from 211 to 184 in 27 days

    27 points down in 27 days, it bounces

    it had previously gone up 30 points in 60 days

    if u ever see a stock go up say from $50, after 50 days watch what happens as expired time equals price

    heavy selling usually comes in when stock is in uptrend

    EX: QQQ went from 50 to 70 in 50 weeks recently and subsequently blew apart

    also: look at square root of 50: see the symmetry???

 
IBM
190.01-6.39(-3.25%)Apr 17 4:02 PMEDT

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