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Technology Stocks : IBM
IBM 297.59+2.5%Nov 21 9:30 AM EST

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To: J R KARY who wrote (5289)6/15/1999 2:11:00 PM
From: j g cordes  Read Replies (1) of 8218
 
Jim, you've always expressed yourself honestly and with humility. Unfortunately this precludes your ever being made President of a multi-national, but them's the breaks. <g>

When I look at the chart of IBM and pretend I don't know anything about the company, it looks to have completed a double leg up from last October. Last year it ran sideways from April to October and I wouldn't be surprized if it did much the same pattern (108-124).

As for options writing both sides of this channel would seem to make sense until it breaks out either way.

Jim

P.S. "..how about Gore's authorship?" you ask.

A. he's a guy who is being overly groomed for assuming office

B. he's a guy too long in in the shadow, too short in the saddle
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