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


To: sandeep who wrote (15138)8/15/2001 11:51:10 AM
From: Paul Shread  Respond to of 52237
 
Software is the worst-looking sector in techland, and MSFT has about the worst-looking chart. I really don't see a need to change my views on MSFT. At a minimum, it's not a long candidate. I could be wrong, obviously, but a chart that ugly speaks for itself. It's been a strong long-term performer, so it's not surprising that it finds buyers on every decline, but someday soon it will likely break. I rode it up from the 40s and 50s, took some very nice profits, and I'm neither long nor short here.