How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 484.85

-0.2%

Dec 22 3:59 PM EST

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To: san_marcos99 who wrote (51064)	10/12/2000 12:22:34 PM
From: sandeep	Read Replies (1) of 74651

The failure at resistances time and time again gives traders a reason to sell it every time the price hits a resistance. It hit the resistance yesterday at ~57 and closed at 55.75, it failed again today at ~57 and now is at 54.50. EDIT: The NDX-100 is rebounding, MSFT going down. Next time it hits the resistance, it better break it. Otherwise, I think the market is going to sell off the earnings report no matter what...

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