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Technology Stocks : How high will Microsoft fly?
MSFT 510.37+1.4%Nov 14 3:59 PM EST

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To: t2 who wrote (24461)6/20/1999 3:24:00 PM
From: James F. Hopkins  Read Replies (1) of 74651
 
Tech ; I don't play the nuts per stock but I'm not above using one
of the funds ( when I more sure the move will go on up ).
---------------
This week should make things a little clearer, at least to me.
Shorter term I'm not good at calling which way the internuts
will go, and while they don't "push" the index like MSFT, what
I have noticed is net stocks sort of show the sentiment of traders
and being they mover faster can indicate ( at least short term )
what the broader market will do.

How long this type of signal will work I don't know, but
for the time being if you see the DOT or other nut index going
up fast you can count on the rest of the market to follow,
and the reverse is also true.

So even though I don't trade in them I do watch their direction
and speed for an indication on how much of a general buying
oe selling mood the market is in.
Jim
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