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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (44344)7/17/2003 10:02:56 AM
From: Augustus Gloop  Read Replies (1) | Respond to of 57110
 
They need to leave this poor old man alone for crashing into the farmers market.....he just wanted some squash....geez



To: Oral Roberts who wrote (44344)7/17/2003 10:05:45 AM
From: PuddleGlum  Read Replies (1) | Respond to of 57110
 
Excellent grub, Oral, and all the better because you apparently weren't even trying.



To: Oral Roberts who wrote (44344)7/17/2003 10:11:52 AM
From: Jorj X Mckie  Respond to of 57110
 
have you noticed all of the extreme negative tick readings lately....kinda like the inverse of what was happening for the past three months.

My comments on MSFT (with chart) on DDD today.


Microsoft (MSFT)
Microsoft announces earnings today after the bell. The consensus estimate is for earnings of 0.24/share. Most important will be guidance as to whether or not there is an anticipated recovery in business spending.
In recent weeks, Microsoft has filled the gap that was left when the stock dropped dramatically in January. It has been forming a triangle in the range of the gap since the first week of July. Triangles are usually indicative of consolidation into a decision point and are usually expected to break in the direction of the trend. In this case, the expected breakout direction would be up. If MSFT breaks below $27.00, it will be a good indication that it is time to get out of the pool. Additionally, there is the rising channel support at 26.80 that would give further confirmation if broken. Upside potential if the breakout is positive is around $29.00.

dailyduediligence.com


MSFT opened below 27.00 and is now at 27.06.