Galapagos Islands Message Board

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Strategies & Market Trends : Galapagos Islands

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To: stevenallen who wrote (31533)	3/8/2003 12:15:18 PM
From: Sojourner Smith	Read Replies (2) of 57110

looking at common, though often unreliable, indicators MSFT looks like a buy to me: Stoch crossing up through 20. Chaikin crossing up through center line. DMI converging below ADX. MACD bouncing off a cross-down (this one is not set up very bullish yet) Also a bullish engulfing pattern, though the day before was green. I am not buying it though, but definitely not a sell IMO. This climate reminds me of all the bulls in Nov, everyone is assuming we are going to continue the trend. IMO we going to have some wild swings for awhile.

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