The Black Box

[was Steve]

as i posted to wahz i feel msft is drifting down. it does not respond on rally days and goes lower on red days despite being big time oversold. the support at 26 has fallen and become resistance. i also feel the coming weeks will be headed down in general for indexes. dont see msft rising in that environment. should it get to 22 and take that out (NOT A PREDICTION) then it would be a broken stock.

first step is 25 and that should happen this week. failure there and odds of 22 go up to about 70% imo whereas they are only about 30% now.

steve