As I mentioned on my Sunday post, IBM was one of my 20 short positions. Its chart wasn’t particularly interesting, but things just got a lot more interesting now that earnings are out.

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As I mentioned on my Sunday post, IBM was one of my 20 short positions. Its chart wasn’t particularly interesting, but things just got a lot more interesting now that earnings are out.

Remember a post I wrote just a day ago called Sixty-Two Fifty-Eight? Well, let’s check out overnight action:

Way back on November 18th, I did a post when SLV was at $28.50 which established a target price of $38.75:

The head and shoulders top on Jack in the Box (JACK) just keeps on paying off for anyone bold enough to have stuck with it. I offered up this idea as the H&S was completing, and even I’m stunned how this sucker just keeps crumbling, particularly within the context of an endless bull market for equities in general.
