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Strategies & Market Trends : Tech Stock Options
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To: Electric who wrote (29663)12/1/1997 10:29:00 AM
From: Kevin  Read Replies (1) of 58727
 
Good morning Electric.
IBM pushing out a third consecutive new high.
What are your thoughts on this one now that it has broken above the 108-110 resistance that we discussed? Do you feel this is a breakout and it could/should move higher, or do you still think it will retrace below 108-110 and stall/fall from there?

Just curious. I'm still in my calls and ready to sell at the first sign of weakness.

Kevin
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