Showing posts with label IBM. Show all posts
Showing posts with label IBM. Show all posts
Thursday, January 21, 2010
Know when to hold them, know when to fold them
This market requires traders to get in a rhythm and longer term investors to buy and hold on the dips like yesterday and today. The most important thing is do your home work, look at earnings going forward and looking back, revenue growth and book value. There are aways screaming buys in the equities market, you just have to get in the flow. Buy on dips.
Tuesday, January 19, 2010
IBM
Looks like IBM has been driven up quite a bit in the last week and is at resistance. I traded out of some 125 July Calls this afternoon as I think we will see an INTEL style pull back on the great earnings that everyone is expecting on IBM/ I still think she has a way to go in the next quarter or so, but I think you may get a great buying or buy back opportunity in the next day or so.
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