chartsmaster

IBM Continues To Lead The Market - DOWN!

NYSE:IBM   International Business Machines Corporation
I was so wrong about IBM leading the market for a bounce. Instead, it Continues to lead the market Lower. IBM again made new lows both yesterday and Today. This means the market is headed lower as well. Because the market is likely to crash and because IBM is down sharply for the year it will not be a buy until year end/ early 2019. It is almost at a 5% yield and should eventually bottom around 120. If you hold it continue to do so. Otherwise, wait for the crash to play out. Chartsmaster
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