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Strategies & Market Trends : Point and Figure Charting

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To: Augustus Gloop who wrote (20886)	6/8/1999 4:59:00 PM
From: Zeev Hed	of 34817

Nasdaq, I would worry about MSFT here, it has traced today something very close to a "gravestone Doji", something more frequently encountered with down reversal than up reversal. I think there is a pretty good chance that it will not only retest the $75 area, but actually breach it in the next few weeks. With all the downgrades in the box makers because of expected weak fourth quarter sales, you got to ask yourself to whom will MSFT sell if the box maker do not ship much "stuff". Good luck out there. Zeev

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