The Dow was higher when I made my posts, out of the 8750 range.
But that's not where the excitement comes from.....I just wait until the Dow is up +1 point then I go needle you. The Dow can fall to 5000, 4000, 1000, 500, 50, then 10, we'll all be living in caves, then the Dow will uptick back to 11, and I'll say weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee lol
I gotta admit...the Dow 10k this year is a nail biter on whether it will hit or not. The year is more than half over, and we're running out of time. I imagine there will be at least a psychological resistance just getting anywhere near 10,000 this year.
As for IBM.....yeah, I'm with you. It's nice to see expectations smashed but companies that huge have so many complicated moving parts that you just simply can't trust them IMO for any single quarter. You'd have to see a string of steady quarters before you can put any solid meaning into it and by then it's hindsight. Nice sell on IBM when you do it....I'd probably do the same and look to buy back cheaper.
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