I would not count on it. In any event for those playing the Dow gambit here is a "recap"
IBM at $61.08, stopped at $60 loss of 1.8%. Reentered (6% more shares) at $56.5 on 10/4/02. S.L.
$53.5. This one is closed at EOD price of $73.95 a gain of 27% (21% from the $61.08 plus 6% for buying back at $ 56.5 6% more shares)
AA at $19.35 (SL $17.55 raise to $19.75), sell above $25. Current price: $22.79 (max $22.89)
EK at $26.80 (SL $24.90), sell above $31. This one is closed at todays' close of $32.25 for $20% (it reached $34. two days ago.
MMM at $116 (SL $108.25 raise to 119.88), sell at $138 or higher. Current price: $125.31 (max 126.50)
XOM at $32.50 (SL $29.90 raise to $34.44), sell above $40. Current price:$36.00 (max $36.50)
MSFT at $44.75 (SL $41.20 raised to $48.88), sell above $51. Current price: $53.15, I think that here simply raise the stop to $50.88 and let the profits run a little longer.
So far twp positions sold for more than 20% profits, the other four positions are doing fine. For those wanting to "reenter" on a pull back if we get one, I would suggest reentries at $29.50 for EK and $69 for IBM.
Zeev