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Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?


To: larry who wrote (2221)1/20/1998 11:24:00 PM
From: Darth Trader  Read Replies (4) | Respond to of 8219
 
Thread, the market needs to good reason to correct after a nice run and having a less than blowout earnings report from IBM is just the ticket.

"fourth quarter income up 5%". The street knew about the currency problems. Any bad news has already been discounted into the stock.

Look for a bear head fake to the downside tomorrow morning. I am keeping my shares till $120.