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


To: Bretsky who wrote (16334)2/18/1999 2:23:00 PM
From: jerry sullivan  Respond to of 74651
 
Today at 3:56 eastern. load up or pay more. eom



To: Bretsky who wrote (16334)2/18/1999 4:33:00 PM
From: jef saunders  Read Replies (1) | Respond to of 74651
 
Bretsky, my 2 month chart is showing msft very oversold.

looking back over the last few years, this seems to be
following a similar pattern ... move down, lower high,
lower low, lower high, lower low. then a big up move.

so far we've had the move down, the lower high (165),
and now we are in the 3rd wave down. i'm showing
support at 140, so it still looks as though there's more
downside...but not a lot.

the longer term charts though show a sideways to down
movement lasting a few months. that's hard for me to
believe that in may this will be below 150.

but i bought yesterday, so what do i know ? jeff