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Non-Tech : Raptor's Den

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To: sandeep who wrote (1628)	7/9/2002 12:23:24 PM
From: velociraptor_	Read Replies (1) of 10157

Sandeep...go to my site and look at the Trade in Study in the Menu where I have MSFT charts. raptorgroupresearch.com In the loing term chart it has already broken a sideways consoldating triangle to the downside and is now consolidating underneath the break. There is nothing bullish about this and is often a quite reliable pattern. Money flow has dipped back to negative on the daily and is still negative on the weekly. Weekly stochastics are now just about back to overbought and this has gone nowhere. Money flow on the monthly is atrociously negative. There just isn't much to convince me at all of a bullish set-up in MSFT and odds are that this one stock will have a big impact in the market's next steep decline.

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