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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 695.59+0.4%Jan 27 4:00 PM EST

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To: Lee Lichterman III who wrote (28455)10/5/1999 4:46:00 PM
From: Jacob Snyder  Read Replies (1) of 99985
 
BizNews, 4/12/2000:

Today, the Nasdaq Composite set a new record. Although there were 1452 new 12-month lows, the Composite was held in positive territory by the one new 12-month high. MSFT, the one stock trading on nasdaq which went up, was up 73 points, for the 17th straight day at an all-time high.

At a hastily-called news conference held 30 minutes before the markets closed, Mr. Gates screamed at a room full of reporters, "Sell, sell, sell. This is insane. It can't go on. Please, I'm begging you, sell MSFT".
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