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Technology Stocks : How high will Microsoft fly?
MSFT 478.41+0.1%12:42 PM EST
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To: Jacob Snyder who wrote (44869)5/16/2000 9:09:00 PM
From: Wildstar  Read Replies (1) of 74651
 
Jacob,

>>For the market to rally,
in the face of the 6th Fed hike,
when the Fed has said they aren't done,
is irrational.<<

But the market isn't rational, and has not been anything resembling "rational" for the past 2-3 years. Instead, we have shifts between relative levels of rationality, going from mildly irrational to highly irrational to exuberantly irrational. The current state of the market's attitude toward MSFT could be described as only "mildly irrational," with the future holding promises of astounding irrationality.

I think you had a great gameplan with your 2002 leaps.
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