Look at the chart(s)   below. Do you not agree that a breakout is imminent? OK, which way? If you buy my thesis that I have espoused recently that the DJIA is headed for 30,000(only 5% away) then one can pretty much presume IBM is headed higher.(the 5+% yield offers considerable support) All the other averages except the Russell are at all time highs. Classic market history and analysis shows that when the market tops, the DJIA is the last to make new highs, usually at a big round number, and amongst great fanfare. Newspaper headlines, magazine covers etc. I contend that before the election you will see a decent rally in IBM to around 150. Not anything to write home about (20%) but great if you buy November 130 or 135 call options, or 125’s for less risk.