Will the fifth time be the charm?  IBM has been lunging for the 196.75 ‘external’ peak shown in the chart since Thanksgiving, so far without success.  Yesterday’s hysterical buying fell shy by 73 cents as well, but perhaps bulls are determined to remedy that today?  If so, a pullback from just above the peak would be a camouflageur’s dream — not to mention, bullish for the broad averages because of Big Blue’s bellwether status. ______ UPDATE (9:59 a.m. EST):  No subtle camouflage opportunities today, folks, since this morning’s memorably vicious short squeeze has goosed the Beemer $12 to a so far high of 208.58. The move is bullishly impulsive on the daily chart, but suspiciously, it has failed as yet to vault October 16’s 211.00 high.