How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 496.92

0.0%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: johnd who wrote (29821)	9/22/1999 7:06:00 PM
From: t2	Read Replies (1) of 74651

it is easy to be an optimist. That is human nature Johnd, i think that i am a realist. With the way money keeps flooding into the market and going straight for the tech stocks, it is hard to be a pessimist on this sector. Everyone kind of agrees that the information age is the future. Just look at today's rebound. You know the G7 ministers' meeting is this weekend. Also note that Japan is not intervening to stop the Yen's rise before that. It only follows that on Friday (or as early as tomorrow) we should have one hell of a rally in the stock market in anticipation of a coordinated effort in the markets. In addition, i would expect the YEN to decline on Friday or Monday. Most would consider this positive for the US markets. As a guest on CNBC suggested (Mike Benford from the Bank of Montreal-currency exchange director), the bank of Japan wants to enlist some help before they make a major step in trying to stop the Yen's rise. These kinds of events are going to be very bullish for this market. I bet there were a lot of pessimists who took short positions on the market going into this time of year and i would guess they would be covering soon. Just my guesses.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next