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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: W. Clinton Terry who wrote (12436)	12/29/1997 6:53:00 AM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

Clinton, We got a mixed pix this am... plus AND minus 6. MSFT depends on your trading strategy... For me, to go long (calls) what I require includes: - 200 day MA up (okay for MSFT) - ProFormer series up (down for MSFT at this time) - I would like to see ROC changing (seems to be the case for MSFT) - An inkling from some of my EXPERTS of a buy (Momis on buy) - A statistical analysis to show things are changing positively (not yet true for MSFT) - A general technical outlook which is either positive or changing that way (not yet true for MSFT - money is on OUTFLOW on daily charts) - A positive background for the tech sector and general market (not yet true) - a positive signal from my DTI EXPERT (okay for MSFT) To summarize: MSFT LOOKS like it is trying to turn the corner... but without more positive evidence in the way of technical indicators on MY side, I would NOT invest in calls YET... maybe another week would do it. My strategy is to ride a trend... that is why I have USS puts at this time! Does THAT help? Ask away if you have more questions... BTW, that analysis took over 1/2 hour to do JUST to provide this information. I generally use one of my EXPLORER scans to pick candidate stocks and just select one that seems to fit where the general market is headed and THEN go through a detailed analysis. BWDIK? Bill