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

To: David Howe who wrote (56950)	3/30/2001 2:24:29 PM
From: werefrog	Respond to of 74651

"And that's a reason for it to fall? I kinda doubt it." you're defense fo msft is outstanding, but let's not forget you are defending a stock trading at 55, down from 120. If msft is going to test the 41 area again, it will do so by the end of may. any normal stock would have already double bottomed at 41, so msft is holding up well but most people buy stocks that are moving up, not sitting still. the plan, buy a position trade if msft crosses above 62 before end of may, if not, buy june 1 for a position play. in the mean time, trade for small scores. i made another 1 1/2 on msft on a dull long trade today. frog