The Dow gambit not working too well, last Friday, IP was taken out on the close at $31.64 a loss of $1.86 or 5.5%. I would suggest that everyone take the rest of the gambit off tomorrow.
MMM you can probably get $77.20 for a poor $1.70 or 2.25%. GE one could probably get $36.50 for $1.00 or 2.8%. I would keep XOM and MRK for a little longer however. Once the Naz turn, you can expect the Dow to give up on 10,000. Not what was planned for this ramp. I thought the Dow would lead to around 10500, no cigar.
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