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RealTraders,
Regarding International Business Machines,
(IBM), the Nature's Pulse had an Automode
energy point for friday, 5/1/98, and the 5 day
historical volatility is less than 50% of the
100 day historical volatily, this could be
the onset of a fairly big move. As the stock's
price pattern has been congesting, a look at
Eddie Kwong's GRII momentum oscillator might
give a clue of the direction IBM is likely to take.
As the GRII is dropping down into the energy
point, an upward thrust is "expected".
A close under last week's low would show this
amateur's projection of direction to be wrong.
"Trade the market, not the forecast". - R Miner
Curiously, this weekend, the Sun squared Uranus,
and Ur. is associated with computers.
Everyone have a gratifying week.
Best wishes to all,
Rory Lewellen RL2946@xxxxxxx
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