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


To: Stonehenge who wrote (6839)5/10/1998 10:52:00 PM
From: Moominoid  Read Replies (1) | Respond to of 74651
 
Anyone recommending re-entry here? Sold some at 83+ the other day amid fear of justice inquistion
and want back in.


I bought (short covering) at 82 15/16 the other day. I wasn't sure that was the absolute bottom though it was for that day. It could ccertainly go lower on the basis of my TA analysis but the next session is critical. If it goes up in the next session, I'd say the chances of recovery are pretty good. Otherwise it is going down to 80 or just below (34 day lower Bollinger Band).

I'd E-mail you a copy of my TA chart if you like.

David