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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (27895)	2/7/2003 9:47:52 PM
From: ajtj99	Respond to of 30712

There is another play to watch for, and that's MSFT's rising support line at 46.22 on Monday, 46.28 Tuesday, and 46.34 on Wednesday. 46.38-46.42 (today's low) may be a gap on the MSFT 60-minute chart. I'm not completely sure. Barring that, I think we watch MSFT and the 46.22 level Monday, 46.28 Tuesday, and $46.34 on Wednesday. If one of those levels is hit on the day mentioned, it could be a reversal up. MSFT may also reverse up a bit earlier than the market in general, as the NDX has bottomed a day prior to the COMP in the October and December lows.