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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Teflon who wrote (24634)6/22/1999 4:28:00 PM
From: John F. Dowd  Read Replies (1) | Respond to of 74651
 
Nonstick:This happens all the time. When the volume is light and there is no news to give direction the sell programs kick in and they generate enormous leverage. They do it to the upside as well. That is why this light volume gives one pause regarding market consensus. The funds are no doubt still on the sidelines or licking their wounds from jumping into the cyclicals. JFD