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Zeev Hed

12/30/02 4:18 PM

#60087 RE: calzone #60063

Dow Gambit, IBM has closed under the the stop at $76.50 and is trading now in AH at $76.34, the Gambit "officially is selling IBM here at $76.34 for a loss of $3.84, a loss of 4.3%.

At least partially, I still expect a mild bounce, but one need to be very careful. I think that AJ has major support just under 1320, maybe a bounce from there.