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Technology Stocks : IBM
IBM 298.93+3.1%Feb 6 9:30 AM EST
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To: kvkkc1 who wrote (7246)8/4/2001 4:11:21 PM
From: Stephen M. DeMoss  Read Replies (1) of 8220
 
The problem with buying puts on IBM is that money seems to flow to it as a type of safe haven in the tech area. It has not shared in the powerful selloff in the tech sector. Its down about 15-20% in the past 52 weeks where most companies are down 50-90+% BTW, how much time did you give yourself on those puts? What strike? If the market is to have continued selling (ie. If this bear is to continue), I agree IBM will eventually participate. Thanks in advance! Steve D.
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