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Technology Stocks : IBM
IBM 310.69+0.9%10:18 AM EST
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To: Jim Koch who wrote (5621)10/12/1999 10:09:00 PM
From: Vendit™  Read Replies (1) of 8218
 
Thanks Jim

And your logic is founded in reality although I still see IBM as having support at $110 which BTW was reached in after hours trading.

I see IBM a screaming buy at this level and know many people buying calls at this point.

There is no question about this week being a stomach churner but Fridays options expiry explains all of that.

Sellers at this level will not like the recovery they see Friday and Monday combined. I wish you luck on your trade.

All IMO of course.

Vendit

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