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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Paul Fiondella who wrote (4554)	12/31/1997 12:36:00 AM
From: Mikey	Read Replies (2) \| Respond to of 74651

Feedback anyone? This looks like it might be a bona fide and rare double top. First top in July on high volume. Volume pattern of distribution at that high. Second high sufficiently far away (5 months) on quite unenthusiastic volume, and within the 3% rule of the first high. Consistent support at approx. 130 between the two highs, broken recently. A rally (with TWO gaps) back up to resistance (130). The ONLY way this does not meet textbook definition of double top is that the decline between the two tops was NOT 15-20% but was only about 13%. Does anyone confirm this pattern? M.