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Technology Stocks : How high will Microsoft fly?
MSFT 485.70-0.4%11:29 AM EST

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To: Mick Mørmøny who wrote (60376)8/6/2001 2:30:42 PM
From: werefrog  Read Replies (1) of 74651
 
Hi Mick. "waiting for a roundtrip ride on the red delicious at 65+."
MSFT resistance 73, support 64.2, then around 51 - I posted the exact 51 support on a PM but don't remember the exact number. You can find it looking at spread sheet data. The Frog outlook on MSFT is basically flat until end of Aug, then down until mid Oct, that will be optimal buying time for a position trade. I getting MSFT as a double from mid Oct until next July 19 which means you can swing trade MSFT with impunity, like the June play, during that stretch, if you want to buy and hold until next July, that will work also. At the present time the only one's making money are day traders and swing traders. It's still too early to take a position trade. Have a nice day, Frog
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