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

To: Bert who wrote (12304)	7/20/2001 1:03:14 PM
From: TechTrader42	Respond to of 52237

They're all selling on the wrong day, of course. Take a look at the upper Donchian channel in yesterday's MSFT chart. It's right at yesterday's high. By the time all the lemmings get out of it, it'll be heading back up again. "The foolishness of the many," ya know. Bill G. will provide a glimmer of hope with the announcement that he's purchased the U.S. Supreme Court and Justice Department and made them MSFT subsidiaries, and everyone will protest, "But I just sold at the low!" It's all highly entertaining.

To: Bert who wrote (12304)	7/22/2001 12:08:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 52237

weeklies shaping up for some red next week... But you have to look at the monthlies to get a far scarier snapshot of MSFT's intermediate term future if they don't break out of the downward channel, or the MACD doesn't cross over to the positive. bigcharts.com This is scary for both the Nasdaq and the NYSE. That monthly stochastic is preparing to cross over to the downside. But on the positive side, all of those billions have to be redeployed elsewhere. Where ever that goes, it will likely have some drastic impacts on sector valuations. Hawk