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Technology Stocks : How high will Microsoft fly?
MSFT 510.37+1.4%Nov 14 9:30 AM EST

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To: limtex who wrote (24987)6/25/1999 7:40:00 PM
From: t2  Read Replies (1) of 74651
 
limtex, I will give the Fed a lot of credit---they have gotten wiser since their last round of rate hikes. The low inflation has them thinking that maybe we are in a new economy--they won't risk it. Much of the doom and gloom scenarios are painted by so called market experts. It is that simple.
These guys are talking the market down not Greenspan.

Just before the announcement on interest (2:15 PM on Wednesday), i am willing to bet the market will start going up in a big way.

You presented a good analysis. I accept most of your conclusions. The only thing i don't is that the fed wants to knock this market down. They won't take such a big chance without some serious numbers to back it up. At this point those numbers are not there.

Holding MSFT is going to be a lot of fun in the next couple of weeks.
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