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  1. Sambodhi says

    Dan – following up on a question I left yesterday on IBM. I realize your trade was to take advantage of earnings. Jut curious how you feel about the trade, especially given the low expectations for IBM. (FYI – I’m short as well). Still feel there is more downside than upside? Thanks

  2. foxt says

    Any thoughts about your $IYT trade? At these levels the trade is at about a 50% loss (most of that coming after the bounce yesterday afternoon). Interesting that CSX is down on earnings, but most of the other rails in the ETF are up today. Do you think your premise still holds (rotation will hit this sector next)?

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