Posted in Park South on February 6th, 2006
As expected, IBM showed more weakness today. The break of the Up Trend Channel since last May now looks very ominous. Even more so if you consider the longer term price action — IBM has not made a new All Time High since 1999.. and we are now in territory below the 2004 […]
Posted in Park South on February 4th, 2006
Last Monday, I liquidated all positions so that I could enjoy my last day of skiing and the 3-day road trip back to Kentucky without worrying about stock positions going awry. The risk/return of my timing seemed good at the time too..
After a post-FOMC mini rally on Wednesday, the wheels fell off on […]
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