P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeff who wrote (424)	5/16/2002 7:34:35 PM
From: 4rthofjuly007	Read Replies (1) of 30712

Jeff, have you got a read on msft? AA, over on the cfz e-wave board mentioned major resistance at 55.90, I think and the 50 day average is a little less than a point above that . Remeber that nikkei chart that we were commenting on? If you have a moment, pull up a yahoo nikkei chart that shows the maximum timeframe and then pull up a 5 year msft chart and compare the peaks and valleys and percentage moves. I think that you will find it interesting. If the comparison were to continue, msft would put in a lower low than the Dec. 2000 low very shortly. The thing is, you can't really bet on history repeating itself.<g>

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