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chartsmaster
Nov 13, 2017 4:29 PM

Short Term Wrong Long Term Long Long

International Business Machines CorporationNYSE

Description

I made two mistakes in the short term on IBM. After "shouting from the rooftop" to BUY before the earnings release, 15 point Pop (10%), I should have waited for the natural pullback (especially to fill the gap that I always talk about.) for additional buying. My bad. Don't let that deter you from continuing to back up the truck with IBM, now that it has basically filled the gap and is just above the 50 day mvg. From here you get the 4% yield as a floor, and the best large cap DJ stock for the next two plus years where IBM will see new All Time Highs. BUY! Chartsmaster
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