If IBM breaks $91, yes it could be bought, possibly for a run just under $100. But I would do that only in conjunction with a relatively high cash exposure. I don't see the start of a major new leg here (but recently I have been quite blind). At most a run into the 1940 area, but I even doubt that.
Sorry, I got to run down to Boson for a dinner appointment, so I won't be able to elaborate more.