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


To: ViperChick Secret Agent 006.9 who wrote (41586)4/27/1998 8:19:00 PM
From: FJV  Read Replies (2) | Respond to of 58727
 
Ciao Bella,

Lately I've been playing in the sand box with some of the kiddie cheerleaders on the "How High will MSFT Fly" thread. I caught enough flame to require BBQ sauce because I had the audacity to suggest that BillG was prime for a short term hit. It was fun though -I was just making an attempt at balance for lurkers such as yours truly.

Alora, I took a look at XCIT again today after the close as I told you I would. As you could have probably surmised, support has been broken at the 21 dma and you're good to test 49 at the next level - the 89 dma (I use Fib #s for ma analysis). RSI, momentum, stoch are all weak. IMO, barring another major internet goosing thanks to KTEL, XCIT seems like a low risk trade to 49. If it breaks 49, Oh Baby!

I hope I haven't offended anyone with my occasional "ribaldry" -just my style to make a point. Ci vediamo Bella e cinquanta mille grazie for always responding to my posts. Ciao.

Franco



To: ViperChick Secret Agent 006.9 who wrote (41586)4/27/1998 8:25:00 PM
From: FJV  Respond to of 58727
 
Bella,

The entertainment chick on CNBC is named Kate Bohner. What she lacks is style, she makes up with nauseating insincerity. But then, one man's meat is another man's poison. Ciao.

Franco



To: ViperChick Secret Agent 006.9 who wrote (41586)4/27/1998 8:50:00 PM
From: peter n matzke  Read Replies (1) | Respond to of 58727
 
here's a wild prediction for you: this is just a dip to be followed by a new high may 5-may 15 then a real correction will begin, the bottom will be some time between june and october followed by another rally.
The dow will reach 15000 before the year 2003

the buzzards are circling over head.....watch for droppings