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International Business Machines Corporation Message Board

  • jgiled jgiled Apr 15, 2013 11:03 AM Flag

    Market today --- buy-the-dip


    This Gold confused everybody today
    Gold rush is over no need for protection any more

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    • That makes a lot of sense. Cypress is a basket case but it seemed to be absorbed by the money from the IMF & ECB.

      Slower monthly employment reports will be OK as long as there isn't a string of weak reports. The wild-card is if the US economy stumbles under the Sequester, Obama Care and the possibility of the Fed easing back on purchases to inject cash in banks. I didn't like the weak mortgage lending of a couple of big banks.

      IBM is back to being named the tech bellwether again. That's probably because DELL, HPQ and ORCL have converged on IBM's model. But none have built IBM's base that produces about 75% of annual revenue from backlog existing at the beginning of the year.

      Let's hope IBM continues to see margin improvement and strong software revenue.

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