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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (83872)6/5/2003 2:48:11 PM
From: Hawkmoon  Respond to of 99985
 
MSFT had better find some support here:

bigcharts.marketwatch.com

And it would appear, from the narrowing of the bollinger bands, that MSFT is getting ready to make a major move in one direction or another:

bigcharts.marketwatch.com

If it breaks support, the next target is $20 (psychological) and probably $15-17 will be the next stop in the downtrend channel..

(Btw, when I put down these comments, I do it so I can be honest with myself when I mention that "I saw it coming")..

July $25 Options contracts:

Calls:
quote.cboe.com

Puts:
quote.cboe.com

And Jan/04 $25 puts going for $3..

quote.cboe.com

Hawk@straddlesanyone?.opt



To: Hawkmoon who wrote (83872)6/6/2003 12:13:56 AM
From: AugustWest  Respond to of 99985
 
Hawk,

That said, I still believe MSFT will be hammered sometime next year when it's like that the FASB will require options to be expensed. More than any other company, that new requirement will hurt MSFT's earnings tremendously, and thus its P/E..

I don't watch MSFT options game too much
But I'd betcha SEBL might edge out MSFT in the options game
Message 18770776