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


To: t2 who wrote (81904)9/21/2001 8:08:57 AM
From: Timetobuy  Read Replies (1) | Respond to of 99985
 
I don't think it will go under 1300. Only way it can is if msft takes it down. You don't think that will happen, so how can it go that low when msft represents 12% of the index?

I still think msft at least goes to it's 52 week low and maybe 30. The wtc is only accelerating the bear market's compression of valuations to the mean. Msft is priced for perfection at 50.