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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Henry J Costanzo who wrote (53605)	4/19/2002 12:25:52 PM
From: Zeev Hed	Respond to of 99280

May I welcome you to our modest abode? I don't like MSFT, the company, and this rarely trade it. However, yesterday AH session was too much pessimism and a fast look at the chart indicated that $51.5 to $52.5 was the top of the September box, thus a good potential support, and thus entry in the $52 to $52.25 area seemed rational, I did not wait for full recovery (sine $54 was really the bottom of the last box and thus if MSFT had real problems it should have served as a barrier) and took my profit fast, not wanting to be in MSFT for any length of time. Zeev