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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Bob Biersack who wrote (19234)	6/11/2002 3:49:08 PM
From: Susan G	Respond to of 26752

yep. there is some NQ support at 1095, may see covering here soon. And at 1100.

To: Bob Biersack who wrote (19234)	6/11/2002 4:53:34 PM
From: Susan G	Respond to of 26752

MSFT may still have a good short scalp setup here, especially since it's been strong for days... unless that was all short covering LOL, But then again, maybe most have covered... mywebpages.comcast.net It has the old resistance level of 53 overhead, the broken trendline from the bearish descending triangle it formed - and broke - today right overhead, and now 2 converged emas which the shorts will sell at. And that's just on the 5 minute chart <g> Not to mention the absolutely perfect 5 min bearflag it closed on, the 2nd one, and they usually form in 3s with legs down like this had... I think any up move towards the 53 area might be a great setup if the market is weak. IF. Otherwise msft will probably be leading the way <g>