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<DIV><FONT face=Arial size=2>A typical Bearish Stochastic Divergence occurred in
MSFT during<BR>June-July 2001. Prices formed a double peak, but second peakof
<BR>Stochastic was significantly lower (<STRONG>POINT B</STRONG>). Since then
the stock<BR>lost the 35% of its strength.</FONT></DIV>
<DIV><FONT face=Arial size=2>And do not be confused with percentages. Now MSFT
need a +50%</FONT></DIV>
<DIV><FONT face=Arial size=2>to reach summer prices...</FONT></DIV>
<DIV><FONT face=Arial size=2>Dimitris Tsokakis</FONT></DIV></BODY></HTML>
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