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Technology Stocks : How high will Microsoft fly?
MSFT 492.06+0.2%Dec 9 3:59 PM EST

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To: t2 who wrote (23346)5/27/1999 4:09:00 PM
From: Teflon  Read Replies (1) of 74651
 
NASDAQ closed down 8 on light volume (850MM shares). If we had some buying volume today we would have had a strong session. Relatively strong trading day all things considered, especially given the Fed concerns that hit the Market at mid-day. MSFT looks solid. I am very comfortable with how this market is trading.

It's good to see the commodities and cyclicals sell off as it helps squash fears regarding inflation (when commodities sell off) and will serve as the catalyst to return the leadership to the tech (MSFT) stocks as the Market moves forward.

Teflon
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