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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Ex-INTCfan who wrote (35667)12/18/1999 9:43:00 AM
From: werefrog  Read Replies (1) | Respond to of 74651
 
This supports your post that msft may be in a brief trading range and anyone familiar with Candle Stick Charting has found that it entered a "Belt Hold Bearish" formation Friday which would be good for swing and day traders. I would still maintain a position trade, using a second buyin for swing and day trades.

Cheers



To: Ex-INTCfan who wrote (35667)12/18/1999 11:50:00 PM
From: Catcher  Read Replies (1) | Respond to of 74651
 
you are right is has broken out pretty well & it could pause a bit. the chart carried the current pe--76. this almost seems like a joke when you stack it up against the inets. hopefully another round of stellar earnings shocks the market to attention.

imho there is no way gates settles with dozens of states bolstered by jackson's stupid position. even a break-up will not satisfy them. i see stock at 175 by april in spite of ongoing court battles