MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (915)	10/19/1999 11:03:00 AM
From: J.T.	Read Replies (3) of 19219

IBM is obviously very weak and has been the underlying individual equity microcosm asymptomatic problems of the overall broad market averages... If IBM can not rally even on the coat tails of a sharp and quick broad market rally like right now, I will be out of this thing either later today or tomorrow at the latest. IBM is now the Y2K bellweather for any potential early warning signs of impending storm clouds hovering ready to shower this market down hard.. I will sell these IBM NOV 115 calls into this rally between IBM 109 and IBM 111 intraday and not wait for the earnings report. Best Regards, J.T.

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