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Technology Stocks : How high will Microsoft fly?
MSFT 507.49-0.6%3:59 PM EST

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To: Catcher who wrote (20804)4/20/1999 3:35:00 PM
From: Teflon  Read Replies (1) of 74651
 
Relax folks, this stock over the long term is a winner. If your buying in today, you will make money over the long term. It's as close to a given as one can have in the stock market.

I expect the Market will start selling off as we get closer to the close. Everyone is very nervous and most people will expect a sell off after MSFT releases regardless of how much they beat estimates by.

Look at last Q, even though MSFT blew out earnings, ultimately MSFT stock traded down below where it was prior to earnings before regaining its steady climb north.

Everyone watching CNBC these days ensures that history will repeat itself to some degree, with a few twists thrown in as most try to find a way to out think the trading patterns of similar historical periods.

I am starting to think the sell off starting prior to earnings this time as opposed to waiting til afterwards.

Teflon
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