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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: goin HOG wild who wrote (1496)	8/25/1999 7:42:00 PM
From: Vendit™	Read Replies (1) \| Respond to of 19374

OU812 Everything I said earlier applies to MSFT as well so I have substituted the ticker MSFT for AMZN. The charts are a bit different but the logic is the same. Everyone should realize that things are looking top heavy but still have momentum in many cases. I like to buy low and sell high but rarely hit an exact bottom or top. On to your msft question………. If you are looking for the exit door intraday I would suggest you watch these two indicators. Money Flow and Williams R. They will both turn down and you will also see a solid red candle instead of a hollow red candle. That is a sure sign of a reversal. askresearch.com MACD and Stochastics are a little longer term forecaster. They will not find the top as well as they find the bottom. Stochs will normally be the third signal to turn down in a reversal. askresearch.com My opinion is I think MSFT will test $98-$100 before it shows signs of weakness. If that number is taken out as a daily close then tap me on the shoulder and I'll look at it again for you. Those charts are live and will update every 90 seconds through out the day on a 15 minute delayed basis. You may want to make a short cut to this post so you can easily follow the intraday progress of the stock. All IMO Vendit