Thats the 'lure' on the short side Zeev.. Its had alot of trouble taking out that 52 week high so Ill be there to whack it hard if we start slipping.. but from the looks of this surge we could easily see it open over 91 come tomorrow so not worth the risk.. argh!
I still have thoughts that this is 'the' blowoff, but after saying it for 3 weeks it sure starts to get exhuasting. Ill hold my winners and dump the losers. Too much risk of a melt up from here.
Funny- IBM is still within your original plan.. I keep begging you to short.. you dont realize how good you are at it.. Most of my profitable position trade shorts were your recommendations my friend : )
Zeev: Does your statement "Despite all these IBM upgrades, it cannot take out $91...should be a sing of a kind, no?" also apply to INTC which had several upgrade, but has failed to break up @30?
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