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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (22882)	4/3/2000 1:00:00 PM
From: DanZ	Respond to of 53068

MSFT...nah, I have enough "long" stocks in my account already and I think that the legal action will be a drag on it for a while. I'm sure that it will be good for scalps though because the stock obviously won't sit still. I did just buy some CIT at 18 3/4 though. I think that the positive trend could easily take it back to a test of at least 19 1/2...I think that this stock will consolidate in a nice trading range for a while, but is more likely to break out above 19 1/2 then break down significantly. I agree with Ron and think that we've seen the lows in financial stocks for this business cycle.