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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (1604)12/1/1999 1:26:00 AM
From: J.T.   of 19219
 
MSFT fails 92 test again. We closed at MSFT 91 1/16. This is the fourth day in a row MSFT has crossed above 92 intraday only to fail and close below this level.

MSFT is running out of swings at the bat here. If MSFT doesn't take out 92 within next three trading days (if it even takes that long), it is lights out and back down to MSFT 84 support we go...

Best Regards, J.T.
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