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

To: Chris who wrote (2313)	1/28/1998 12:32:00 AM
From: DAN KACKLEY	Respond to of 8220

Looks like pretty good short covering at 7m shares, not the end yet? Looks like the first round of short covering, we pretty well averaged 96.25 for most of the trading day. One spike in the morning and one in the afternoon I am still looking for a hard rolloff before we get another suckers rally (Gota cover them shorts!) Those that sold short at 108 could cover at 92, go long, ride it up to lets say 99, get the 20cent dividend Feb 10, then go short again! Hey the analyst's were positive before it went down, now maybe we are getting some down grading so we can cover and pick up some dividends?? A lot of money could be made in such a short time period! THINK ABOUT IT $$$ Remember "Follow The Money Trail" Dan (The BEAR)