Appadoo....im long qlgc/msft/unh/vrts/elx...I think some of the laggard techs will continue to advance here...the a/d line on friday was quite strong showing breadth. Some laggard techs I like here include YHOO/AMZN/VRTS/SEBL etc...as always I would set tight stops and should we gap up heavy I'd be inclined to hold current positions versus chase here. I am looking for 1425/960/9k in time here with pullbacks along the way...
My reasoning on holding MSFT thru the antitrust judgment was as follows....the stock was in a beautiful lateral consolidation right at its double bottom b/o point. Also volume was below average during the day on friday in front of the judgment (spiked heavy a.h.) IMO the smart $$$ knew things wouldnt be bad or it would have been indicated in the chart/price action well in advance...
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