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

To: johnd who wrote (25057)	6/28/1999 8:22:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

Cramer (Wrong!) thinks the hedge fund managers will try to knock the market ahead of the interest rate news---He stated that he sold a little into today's rally. I am no expert but i get the "feeling" the market is getting better at discounting the future. We should be up (at least in MSFT) going in the Wednesday afternoon. If the rally is expected, why not jump in front of the line by buying early. That is why i feel no selloff is coming (at worst sideways market for 1 1/2 days). The corporate profits are now in sight. Any selling by hedge funds will result in a flood of bargain hunters coming into the market. This should either keep the market flat or result in a rally going into Wednesday afternoon. Just my guess.