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Technology Stocks : How high will Microsoft fly?
MSFT 476.080.0%Dec 17 3:59 PM EST

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To: Al Bearse who started this subject10/16/2000 5:36:22 PM
From: billgo   of 74651
 
It looks as though a mighty struggle took place today:

siliconinvestor.com

If you look at the 1 minute chart, you can see a ton of stock was unloaded
today at around 1:30 - 1:35 PM, as the stock broke below 50.
However, the selling was stemmed, for today anyway, at around 49 5/8 (three times!).
If anyone is interested in MSFT, and is looking to buy, and assuming MSFT is not
going out of business after Wednesday's earnings announcement, wouldn't it be OK
to at least start to nibble on this one, particularly after it has just finished retracing
almost 60% of its previous up-move?
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