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

To: DonaldE242 who wrote (18973)	3/26/1999 1:03:00 PM
From: Angelo Ferraro	Read Replies (2) \| Respond to of 74651

For what it may be worth, and for those with an interest in technical analysis, Nordby.com has MSFT as their 'technical pick of the day' nordby.com "...Technical Viewpoint: From a low of $136.00 on Jan 13, 1999 prices rallied, reaching a high of $175.94 on Feb 1, 1999. A decline saw prices pull back, reaching a low of $143.97 on Feb 18, 1999. Another rally saw prices penetrate resistance line "A", closing yesterday at $179.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Mar 9, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $165.00. Resistance: None at current levels. Point & Figure: Reversed to the upside on Mar 25, 1999. A P&F downside reversal takes place at $172 1/2. Summary: Technical indicators have turned bullish. BUY! MICROSOFT CORP (MSFT-Nasdaq) @ $180 1/4 Stop: Use a protective stop of $176 7/8. ... ...Price Objective: $250...." I like the sound of that last comment :)