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

To: NewKit who wrote (89609)7/2/2002 8:46:17 AM
From: Steve Lee  Respond to of 99280
 
I would expect to see 47.5 for MSFT but I don't trade on targets, I trade on whether I think it is going up or down.

I think MSFT is going down and will cover when I don't think that anymore. A close above 56 would probly make me think I have made a mistake and get me out.

If support on Nas holds over next few days, I might cover anyway and look for another go at shorting to below 50 from higher levels.

Ultimately, I think we will see MSFT below 30.


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