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To: JRI who wrote (41962)2/4/2001 11:05:58 AM
From: Chris  Respond to of 42787
 
i think your short will be ok.

dia's --- they aren't too risky, so im long. (think of it as a hedge to upside)

plus, ibm is tech stock.. techs will be going down.. but my other reasoning for dia's is perhaps we get sector rotation into dow stocks (non techs)



To: JRI who wrote (41962)2/5/2001 10:58:55 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
another person's view of IBM

securitytrader.com



To: JRI who wrote (41962)2/5/2001 11:00:37 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
be careful with IBM short (if naz still weak, then your short might be fine)..

but that ibm gap was not a regular gap.. it's a gap with high volume

finance.yahoo.com

you can see the spike there.

I believe that is a breakaway gap... and they dont usually fill..



To: JRI who wrote (41962)2/5/2001 11:02:35 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
read trader rule # 7!!

marketswing.com