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To: ild who wrote (103151)5/18/2001 11:06:34 AM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<Patron, was there ANY reason behind MMM's recent rise?>>

No reason I can see, other than fundies dumping cash into the DOWn and trying to jam the high priced components (MMM and IBM) up. Note that the dollar's strength is NOT helpful, these guys depend on exports for about 35-40% of revs.

I suspect it will reverse this weeks gains no later than next week; I bought a half position in June 125's.