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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (105201)8/24/2004 10:34:07 PM
From: mishedlo  Read Replies (1) of 209892
 
MSFT Ewave
Minyanville's Scott Reamer thinks MSFT is tracing out 5 waves down from this July's peak. A print below 26.88 would confirm. Are we in wave 4 up right now?

At any rate he suggests if 26.88 breaks the intermediate term implications are for a fall to 22-23 and longer term implicatons below 20, perhaps substantially.

Mish
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