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


To: randmiser who wrote (25097)6/29/1999 4:01:00 PM
From: Teflon  Read Replies (1) | Respond to of 74651
 
The key will be the language they used in discussing their intentions for the future. If people get the feeling that the FED will raise rates through multiple minor moves, the Market will sell off, in my opinion. Sort of the "Death by a thousand cuts" torture.

If the Market believes that this will be a one time type move by the FED, even with a tightening bias maintained, the Market should take off.

Either way the Market is going to move. The lack of volume indicates that there will be heavy volume in either direction once the Market figures out where she's headed.

Just my $.02.
Teflon



To: randmiser who wrote (25097)6/29/1999 4:03:00 PM
From: Teflon  Respond to of 74651
 
Beautiful finish by the NASDAQ today, just beautiful.

I love it.

Teflon