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Technology Stocks : How high will Microsoft fly?
MSFT 478.29-1.8%Nov 20 3:59 PM EST

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To: t2 who wrote (25033)6/28/1999 2:29:00 PM
From: Teflon  Read Replies (1) of 74651
 
t2k, I actually think that if the buyers continue to nibble today as we head towards the close, this afternoon may be the start of the upswing we've been waiting for. I do not believe, however, that this march towards earnings will be like those of Quarters gone by. This Q, I believe, will be very, very volatile. And because of this volatility, the road to new highs will be a bumpy one and may take longer than anticipated.

In other words, I do not believe the Market is going to be a straight bull run through to earnings release. I think the ride will be bumpy at best. I have not purchased any MSFT options this Q. The market is moving too quickly for me to keep track in a timely manner. I wish all those MSFT call holders out there the best. The key, however, will be executing trades quickly and not getting too GREEDY...

Teflon
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