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Technology Stocks : How high will Microsoft fly?
MSFT 483.03+0.5%Dec 5 9:30 AM EST

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To: Bald Man from Mars who wrote (6280)4/28/1998 3:31:00 PM
From: D.J.Smyth   of 74651
 
here's what stkwtch.com has to say about msft. first time in six months they've stated "deteriorating conditions"; interesting:

COMMENT
Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a POSSIBLE TREND REVERSAL
Relative Strength is BULLISH
Up/Down volume pattern indicates that the stock is under DISTRIBUTION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is rising which is BULLISH
PRICE IS UNDER SUPPORT OF 91.83 WHICH IS BEARISH
Stochastics indicate stock is OVERSOLD

RECOMMENDATION

STOCK SHOWS MILDLY DETERIORATING CONDITIONS SCORE = -1
IF YOU ARE LONG HOLD CURRENT POSITION; DO NOT INITIATE NEW POSITION
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