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IBM TRAPPED BULLS JUST BEFORE EARNINGS REPORT


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#21 hitoya

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Posted 19 July 2010 - 04:17 PM

INTC cannot bring market up. IBM will be more difficult. Waiting for 3 minutes and tried to get es 1071 hit. No luck, but finally got 1070.75. Tomorrow should be interesting.

#22 capgain55

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Posted 19 July 2010 - 04:19 PM

IBM should shrink to 120-122 so looking for DOW 10k soon enough ... :bowtie: also having some fun. ;)


Got Short via BGZ @ $16.31, No stop at this time.

#23 MikeyG

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Posted 19 July 2010 - 04:21 PM

I trade currency so I have no position in IBM...

But my point is most people here are very liquid so they can get out...

And if they are NOT trading they could prolly care less as the yield is decent and the long term growth stroy is still in place...


i guess most people here haven't shared as much information with me so i wouldn't know what their reaction was or will be.

you are the only one that really had a reaction, i don't trade it either but it's not going to be a good thing for the markets at this point.



I have learned a lot from your posts so I'm not trying say anything bad about you...

I just hope you try and tone down your arrogance, this is the reason for a reaction from me...

Humility is a gift from *******...

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#24 milbank

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Posted 19 July 2010 - 04:43 PM

TXN is also getting taken down. It's down over 5.25% in the after hours market.

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
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#25 capgain55

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Posted 19 July 2010 - 05:04 PM

TXN is also getting taken down. It's down over 5.25% in the after hours market.


And that's with meeting expectations.

cap.

#26 nimblebear

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Posted 19 July 2010 - 05:19 PM

I trade currency so I have no position in IBM...

But my point is most people here are very liquid so they can get out...

And if they are NOT trading they could prolly care less as the yield is decent and the long term growth stroy is still in place...


i guess most people here haven't shared as much information with me so i wouldn't know what their reaction was or will be.

you are the only one that really had a reaction, i don't trade it either but it's not going to be a good thing for the markets at this point.

You tell em Dev. Thanks for posting that. Its meaningful whether you trade IBM or not. One more key data point, in a flurry of earnings reports yet to come out.
OTIS.

#27 qqqqtrdr

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Posted 19 July 2010 - 05:21 PM

Something funny is going on here.... Looks like the move up on NASDAQ was manipulated... Hope no one fell for it. Financials were killed today, and NASDAQ is just following financials... Stay short for now as we grind lower... Barry

#28 Mr Dev

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Posted 19 July 2010 - 05:47 PM

I have learned a lot from your posts so I'm not trying say anything bad about you...

I just hope you try and tone down your arrogance, this is the reason for a reaction from me...

Humility is a gift from *******...

well apparently you're doing a fine job now.

look, your hope is wasted. don't try and turn any of my posts into your personal excuse for your own reaction. i was simply reporting a trap fact.
i was not expressing any about personal gains or predictions on IBM so what the ell does humility have to do with this ?? I don't trade it,
i appreciate your true colors.

:bowtie:

.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#29 Mr Dev

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Posted 19 July 2010 - 06:13 PM

You tell em Dev.

Thanks for posting that.

Its meaningful whether you trade IBM or not.
One more key data point, in a flurry of earnings reports yet to come out.

you're welcome. since nothing showed up on the board about BIG BLUES Earnings Report or after hours reaction i though i'd post it.

eew,... i should of known better.

even if it was timely Earnings NEWs that woulda coulda helped someone sometimes headlines are taken very personally by emotional traders.

that's the only mistake i made.

and it won't happen again until i forget about it.
(A Dev Quote)

:bowtie:

Edited by Mr Dev, 19 July 2010 - 06:14 PM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#30 dadook

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Posted 19 July 2010 - 06:30 PM

Nothing about what Dev posted came across as arrogant. just my 2 cents.