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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (6767)	9/13/2002 9:01:10 AM
From: Hawkmoon	Read Replies (2) \| Respond to of 33421

Now I'm hunkered down, busy at work watching the NASD as it swoons to 600. Hmm... you really think we're going to reach the lower arm of the Bollinger Bands on the quarterly chart?? bigcharts.marketwatch.com If that's the case, then I have to believe MSFT will be the cause of this decline (pressure to expense options) The quarterly bollinger bands on MSFT are indicating $20-25/share. And lord only knows how its decline will impact the DOW and SPX, both of which are ALREADY sitting on their lower quarterly bollinger band arm. Hopefully some other index components will gain enough to offset the losses in MSFT. Hawk