How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 483.69

+1.1%

Dec 11 3:59 PM EST

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To: t2 who wrote (15621)	2/6/1999 10:16:00 PM
From: Chip Anderson	Read Replies (1) of 74651

Just updated my MSFT chart on coolhistory.com Last week's fall appears to have put the stock back into the center of an uptrend channel that goes back to last October's low. It will be important that the lower bound of that channel hold next week (currently just below 150). Also notice that the 50-day moving average is closing in on the price again. The last time the stock fell below its 50-day MA after a long upward leg (early May of 98), the stock then stayed relatively flat for several months - until the 200-day MA kick-started things again last October. Disclosure: I got some MSFT socked away in a long term portfolio - doesn't everyone? Chip coolhistory.com "Just Updated"

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