How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 496.92

0.0%

Nov 7 9:30 AM EST

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To: johnd who wrote (30651)	10/17/1999 10:54:00 AM
From: Tom Buttram	Read Replies (1) of 74651

I also bought more msft on friday.My oct. 85 short puts expired today so I sold another round of jan. 85"s at 5.I started to nibble at the jan. 01 100 calls.Not to put to much faith in T.A. but I'm hoping the 200 day m.a. saves msft from any further downslide at 85 approx.The last time msft got close to the 200 day ma was last oct 8th which was of course a tremendous buying opportunity.Are there any T.A. folks out there that see a potential head and shoulders measurement down to 65 3/4?I"m new to T.A. and usually put my faith on the F.A. of this great co.Thanks in advance.

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