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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.00+0.2%Nov 11 4:00 PM EST

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To: Chip McVickar who wrote (32512)11/7/1999 8:38:00 PM
From: bearshark  Read Replies (1) of 99985
 
Hi Chip:

Sorry for the delay. However, I did not see anything in that chart. I am guardedly bullish and I am looking for a decline for a potential buying point. Currently, I am thinking something might happen during the week of November 15th. Unfortunately, that is the week the Greenspeaker and his buddies are meeting. So his mumbles could be annoying.

I think the MSFT/U. S. Government issue is a non-event. MSFT has time (the U. S. judicial system) on its side. As soon as MSFT gives the appearance of a kindly monopoly, Uncle Sam will go away.

However, there will probably be, at least, an initial negative reaction to Friday's ruling.
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