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Friday, September 24, 2010

IBM has broken out

If there is any weakness in IBM going forward, it is a buying opportunity. It just broke out of its 11 month (that is 11 month) consolidation.

Its about time seeing how so many companies want to be just like them.

I had to take some profits in it (had to capture some gains), but it will approach 145 by year end. This is why I still have a nice position in it, and will add on a consolidation from this move.

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