IBM Stock Buyback
The markets are up on positive news from IBM of a stock buyback. The deal is a good one and includes $15 billion in stock to be bought back. The Dow Jones Industrial Average responded by jumping over 100 points up .80 percent. The NASDAQ is up .72 percent up 16.70 points. I am amazed at the continued positive outlook despite housing, credit, jobs, consumer confidence, and other concerns.
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