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MSFT redux


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#1 dowdeva

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Posted 31 October 2007 - 09:02 AM

Be more powerful on the daily, but textbook rounded bottom formation, complete with classic volume pattern and powerful white candle on high volume slightly right of center.

Might get a handle.

If it can resolve here and rally, my preliminary Hurst projections are to 41+/-, vis-a-vis Airedale's projection of a right translated top before 20W bottom in Dec.

http://quote.prophet...p;frequency=30m

~D

#2 beta

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Posted 31 October 2007 - 10:28 AM

Per yesterday's post, I am out of MSFT longs @ 36 + Short-term topping action here. Now long the Nov 35 puts. Target 31-32, before the next leg up to 50 + commences.
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