Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: sandeep who wrote (21403)	10/11/2001 2:04:03 PM
From: donald sew	Read Replies (2) of 52237

Sandeep, >>>> ....MSFT. It was one of the first naz stocks to close the wtc gap (and actually close higher than the sep 10'th high). But now it has run into bad news and cratering <<<< Right now MSFT is flat(+.06), while the NAZ/NDX are up strong. If MSFT resume it rally and continues down, that should limit the rally. Just talking about the short-term swings, since the mid-term looks bullish. If the NAZ/NDX closes near/at the intraday highs, we could get another upside gap tomorrow, which I would interpret as exhaustion. If we close with a doji/small body then a pullback of some sort may have started.

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