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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (34245)1/27/1998 11:40:00 AM
From: Electric  Read Replies (2) of 58727
 
Kevin,

IBM downgraded.. what is up with that? What is the reasoning for the downgrade? they missed my a few pennies, and Asia is actually improving.. I am suprised.

Just my stinking luck, I dont trade IBM and it acts how it should, I jump in and it tanks like a freaking fish..

Feb expiry is still a mile away, are you thinking on waiting and getting in near 95? I guess being down 1 1/2 after a downgrade isnt that bad of a thing.

Let me know if you see a move in, I might firm up my position even though averaging down usually isnt prudent. I am sweating, Dow up 80 and IBM down... :{

E
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