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Technology Stocks : How high will Microsoft fly?
MSFT 473.00-0.4%1:02 PM EST

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To: SPEEDRACER who wrote (5042)2/7/1998 9:22:00 PM
From: Gerald Walls  Read Replies (1) of 74651
 
My thoughts exactly!!! I shorted today at 157.5 towards the close. I must admit it was with blind faith in the chart. I was very surprised by the strenght today all around!!.. Think I should stop myself out above 159?

I'm a TA novice and I'm posting my comments more or less as an exercise for myself, but I think you may have made a mistake shorting the stock after it recovered. You'd have been much better off waiting for the weakness to be confirmed. On the other hand what do I know. I've only shorted a couple of times.
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