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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (40305)4/19/1998 8:51:00 AM
From: donald sew  Read Replies (1) | Respond to of 58727
 
Jim,

Read the article on MSFT, and am in agreement, but the question is how much will it drop.

I just checked the short-term technicals, and it is a CLASS 1 SELL to obtain tomorrow and it could turn as soon as tomorrow.

I see a strong support line at 87. If it was to break 87. There is also a gap between 84-87. Will it fill the gap, and if so the next support is at 77.

I feel comfortable to say that it can get to 87 very soon. Beyond that who knows now.

Seeya