Wednesday, April 16, 2008

IBM beat

Well just as I said IBM would beat. IBM has been a monster with earnings for the past 3 years. Already up $4 after market so no way to play it here. Tomorrow I will definitely looking for a gap up into resistance to short after a 200+point day.
This is setting up to be a gift if we do head into those 200 moving averages for the indexes. Just alittle patience and we can rack up there. Tomorrow we should see more volume as friday is options expiration.

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