Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Jacob Snyder who wrote (5525)	4/10/2001 4:48:36 PM
From: sandeep	Read Replies (1) of 52237

Jacob, since I know you used to follow msft, the following metric may interest you. MSFT hasn't reared its head above its 200-day ema since Apr 3rd of last year. The day the negotiations with the feds fell apart. Every time it came close, the market collapsed further or something bad happened. Now it is at 60 while the 200-day ema is at 63. I believe that if it can go above it and stay there on 2 consecutive closes, the bear market is over... Decision time for msft and I believe the market is near...

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