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Strategies & Market Trends : Classic TA Workplace

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To: Terry Maloney who wrote (7269)	7/16/2001 9:44:08 PM
From: AllansAlias	Read Replies (2) of 209892

I love the Microsoft chart. It has its own rhythm. It's a rhythm apart from the Internet Mania that coughed up the blowoff out of the fall of 1999 and then subsequent, er, correction. The fundamental side of that is how softie just underestimated the Internet. It was such a blindside for them, the sort of myopia that caught the auto industry got in the eighties with the introduction of good, fuel efficient cars from Japan. Anyway, it's a nice chart. Oh yeah, the blowoff out of the fall of 1999 that doubled the NASDAQ, well softie hit its ATH when it started.

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