How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 472.94

-2.2%

Jan 2 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John F. Dowd who wrote (36008)	1/4/2000 5:39:00 PM
From: Captain Jack	Read Replies (1) of 74651

John-- I am not seeing it as bad as '87 yet. I look for a drop again in the morning then a stabilization. With luck techs will start up. It is not the 1/4 coming but the cumulative effect. Also,, I did not see the fear to run. I saw constant selling as some ran from the interest rate hike while others took profits. There was a bit of a snowball effect. Without a slight recovery late afternoon it seems more will come at the open due to sell orders by those trying to protect profits,, then I hope we see a turn as money managers bring in some of the cash they are sitting on.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next