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To: radames who wrote (56855)5/14/1999 7:55:00 PM
From: Sarmad Y. Hermiz  Respond to of 164684
 
>> i'm thinking monday could be bad!!! but who knows with
this wacky market,,

Everything you said makes sense. I don't know about many of the companies, but msft seems like a good bet. Regarding Monday, I think all next week will be bad for the market regardless of Fed actions. What can the Fed do ? Raise rates ? They are already up. Burst the net bubble ? It is deflating on its own. I don't know anything about money supply. I guess that is their other tool.



To: radames who wrote (56855)5/16/1999 9:34:00 AM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
,msft imo is the #1 position to own
going forward,


Then why is the stock acting so poorly?

bigcharts.com

My chart flashed a sell signal twice.
On its way down @ 84, when we failed to
reach a new high late last month, and @ 81
when we were turned back at the 50day EMA.
I made a mistake by rationalizing using FA.
MSFT's chart looks quite weak.
I think we will see 72 before 82. (We may even see
69!)
Will blow out 1/2 my position close to 80, (I hope)
and try to obtain it at 72 and below.
Better safe than sorry.

--Olu E.