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Strategies & Market Trends : Waiting for the big Kahuna

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To: Gersh Avery who wrote (20867)6/23/1998 2:40:00 PM
From: James F. Hopkins  Read Replies (1) of 94695
 
I saw taht ;-) , and I think it's now priced in her, she had a lot
to do with the big jump in the OEX today..she will now move more
or less percentage wise with the OEX , she may hang higher for a
bit if the OEX falls, but not for to long, as if the OEX falls
( very much ) profit taking will hit MSFT shortly after.
However the OEX looks in good shape and if it continues on up,
MSFT will also.
There is a lot hanging on if the SPX can get to 1120 and break
above that , if so the rally is more than just a spike in
the trading range.
Jim

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