If MMM takes out $130, which I expect in a spirited rally, it could very rapidly run, it is one of the few Dow stocks that is not in a major down trend (JNJ, PG and KO are the others, T might coming alive, but I don't trust their management to do anything right, and I am lost in their balance sheet <g>).
chainik, your post (#msg-525261) came up in a discussion, did you short MMM at $120? We are almost half way to my target and if next week's report is good, they could use MMM for the regular "bump the Dow" exercise above $130, that will send a bunch of bears for cover as new highs are printed.
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