Too fast a run up ...look at the gap ups just within the last 2 weeks ...So you get profit taking before year end.
Not sure this position warrants 65 but for 2014 it does warrant 60 at a minimum
Do you realize how many companies are competing w. Cisco? IBM and Cisco both have to reinvent themselves to survive but I think IBM has a better chance because of their diversity of services.
Really meant ...lost.. This company will only do better in 2015 -- Big Data is the bright side ...I propose a name change ..IBD... International Business Data in lieu of Business Machines. Again the two year chart tells everything.
If IBM is down today because of a weak tape , imagine what its going to do soon at its Q earnings announcement
Really meant ...lost.. This company will only do better in 2015 -- Big Data is the bright side ...I propose a name change ..IBD... International Business Data in lieu of Business Machines. Again the two year chart tells everything
there seems to be a concrete ceiling at the $56.50 ...Every time it approaches it retraces. I have no idea why its locked into this range.
I think you should look at IBM in late 2014
They give poor forward guidance every q. Other than that its a #$%$ shoot going into DEC. 14th.
Also you might want to look at the put /call ratio for DEC. and JAN
Very simple ...its a different clientele. If you can`t afford to buy quality cheese , stick w. Velveeta
Besides if you bought an I pad you have really overpaid. And yet there are many who will get a new one every year!
the cautionary guidance by the Chairman bother you. I shop at both of the two Whole Foods in Raleigh, NC..
One is 2years old and much larger than the one near the University, but both are smoking hot according to the Managers of each. Over 100 basis points from prior year in each..