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To: 4rthofjuly007 who wrote (36499)4/18/2002 4:35:24 PM
From: Paul Shread  Respond to of 209892
 
EBAY also falling AH. Revs in line, earnings ahead.



To: 4rthofjuly007 who wrote (36499)4/18/2002 5:00:24 PM
From: velociraptor_  Read Replies (2) | Respond to of 209892
 
<<If we DO get that low in MAY, that tommybear scenario is still just unbelievably unbeliebable. >>

FWIW, I am looking for a rally to start soon and finish either late June, mid August, or mid Oct. The pattern as it unfolds will be telling. A rally into Oct fits into the Tommy Bear scenario. Also, the May low he was looking for can come any time during May which is not far off.



To: 4rthofjuly007 who wrote (36499)4/18/2002 5:18:25 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
I have been saying for a couple of weeks that MSFT needs a new low (i.e, under the April 8th low), at least a minor one to the line.

At this point, looks like my bullish alternate discussed today is, well, very alternate. -g

The area that matters for the weekly (tomorrow) stick closing is around $53.50.



To: 4rthofjuly007 who wrote (36499)4/18/2002 5:21:14 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
Sorry, you had asked about the structure of the decline. I can make a very bearish case for it to die to $30 from here: that would see the fall off the very top as 'A', the coiling since Dec, 2000 as a 'B', and now we fall into a murderous 'C' decline.