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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (34144)	1/26/1998 11:47:00 AM
From: Electric	Read Replies (1) \| Respond to of 58727

Lisa, Take into consideration that since the supposed bad earnings, the Dow has been down 3 of 4 days, and doesnt look strong today either. I dont think that IBM will start baseing at 90-95, but call that my prognostication pick. Usually if a stock is technically damaged, the trend will continue immediately after the date and continue for a few days following. IBM has dropped less than a point since the close after earnings. To me this means it needs a good piece of market news or a general market movement upward, and I think we see one of the two before expiry.. But then again, my first experience with IBM burned me, many moons ago... E