How high will Microsoft fly? Message Board

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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 (28889)	8/30/1999 2:27:00 PM
From: codawg	Read Replies (1) of 74651

Stock performance seems very closely correlated to long bond movement these days. Bonds move first, then stocks follow. When the bond yields trend higher the stock market acts weak - like the last 3 trading days. This may seem obvious, but the correlation seems much tighter than usual to me. It's probably to be expected with the late summer light volume.

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