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Technology Stocks : How high will Microsoft fly?
MSFT 472.22-1.3%Nov 21 9:30 AM EST

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To: johnd who wrote (42177)4/15/2000 4:54:00 PM
From: werefrog  Read Replies (1) of 74651
 
"JH Jr, Why suddenly you are upbeat"

I was just relaying what the traders that I have been associating with for years are thinking. But I must say it matters very little to them what the market does, they are flexable and go with whatever the market is doing at the time they are playing. These stocks, even going down, will bounce off the intraday bottom. We must have made 5 round trips in CSCO last Friday making from a fraction to several points each trade. I don't look for these stocks to make a big run up until the Fed either takes a neutral bias, or cuts interest rates, so you long term holders will just have to hold through all this turmoil. I do hope you have a cast iron stomach. JH
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