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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (68559)	2/4/2001 8:46:59 PM
From: JRI	Respond to of 99985

Zeev- What about MSFT short-term...looks like it should fall to DMA around 57-58 in next couple days...and could go further and retrace part of huge recent move...however, Ballmer has a huge war chest to buyback shares, and MSFT has been beaten down pretty good...given its presence in Dow and Naz, I'm a bit torn for the immediate term, but think dropping a couple point on Mon/Tues. is a given (worry over Csco news?).. On the upside, stock seems to struggle once it hits 70....Paul Allen dumping like a madman, keeping a lid on the price..