Volume is really poor. SPY is still under 1400. Two rallies, one triggered by ABK, and another triggered by IBM, are sucker's rallies, or relief rallies. Read IBM hereIBM anounced $15B buyback, which will improve annual EPS by $.65. At the same time, it upped its earning expectation by $.05. Yesterday's IBM news is actually a profit earning. But the market explained it as a piece of good news. As a result, IBM jumped $4....
-wang-lao-wu(钻石王老五);
2008-2-27{263}(#24435@43)