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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: SpecialK who wrote (12089)	7/18/2001 11:22:52 PM
From: donald sew	Read Replies (2) \| Respond to of 52237

SpecialK, >>>>> Will MSFT be the straw that breaks the camel's back? The stock has rallied from low 40s to 70 since January. This is a 50% retrace from the 100 to 40ish drop. If you believe the market is headed lower, there is no other stock that can have this effect as great as MSFT. In the Dow, SP and Naz. <<<<< Had a similar conversation with LEE tonight. MSFT makes up about 11% of the NDX, just by itself. There are already quite a few HiTECHs which are now testing the APRIL LOWS like EMC, JNPR, JDSU, etc. Yep, if MSFT breaks down, that could really hurt.