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Strategies & Market Trends : Steve's Channelling Thread

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To: ajtj99 who wrote (20853)7/18/2001 2:14:37 PM
From: Jdaasoc  Read Replies (1) of 30051
 
NDX bounced at 1664

I am still watching MSFT as NAZ proxy. I am fairly confident that MSFT will meet all estimates and is clearing the books of all bad stuff RE investments in 2Q because 3Q is going to be better than expected IMO.

I am closing last Jul NDX short position before close tomorrow since I don't think it would not be wise to be in the path of MSFT led rally pre market on options expiration day.

john
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