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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: johnd who wrote (29700)9/17/1999 5:08:00 PM
From: Teflon  Read Replies (3) of 74651
 
Actually, jd, the DOW and the NASDAQ were down for the week ended today on the whole. So this is not entirely about the Markets just going up, up, up. This is about the fact that the Markets have been held hostage for the past five months by the Fed, AG and the spindoctors on CNBC--and the realization that there is *NO* inflation on the horizon is starting to settle in. What I like about this Market is that MSFT is now closing in on a new all time high in synch with the NASDAQ Market, something we haven't had since the beginning of the year.

This, to me, is a sign of health for the Market. And also suggests to me that MSFT is about to start a new leg up as it takes its aim at breaking through the 100 Mark. I think this is why people like t2k and myself are excited about the Market as we move forward.

Teflon
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