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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Chris who wrote (31657)3/7/2002 9:43:21 AM
From: TechTrader42  Read Replies (1) of 52237
 
What was positive about MSFT's chart, for example? It's bumping up against a down-sloping 200 SMA. Stochastics is turning down from an overbought level. Shorter-term MACD is giving a sell signal with the histogram. Volume has been declining for three days. And then there's the P/E of 58. What's logical about entering at this point -- or about not selling it two days ago when it hit the 200 SMA?
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