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To: pater tenebrarum who wrote (40704)11/24/2000 12:54:48 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 436258
 
Looks like MER (or is it "MERDE" as our French-Canuckistani friends might say) is wilting into the close. That's a good omen, isn't it?<G>



To: pater tenebrarum who wrote (40704)11/24/2000 1:40:22 PM
From: Spekulatius  Read Replies (1) | Respond to of 436258
 
I am still waiting for IBM to reach my target of 102-103$ for shorting again. This stocks acts very strange and can move in any direction, regardless of the market.
A sales rebound in Europe for IBM sounds very strange and even if sales rebound the Euro/Dollar exchange rate will eat into their margin. Fundamentally, its a LT sell and hold loser company, but for now, i prefer to play the 4-5% moves on the short side for income.


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