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


To: Teflon who wrote (25691)7/9/1999 12:29:00 AM
From: ed  Respond to of 74651
 
The market may not repeat itself, that is sell off after earning report for internet stocks. The last sell off is because the internet stocks had reached their historical peak, so people had a reason to sell off after the earning, but this time is different, most of those internet stocks had been corrected for more than 30% + , and peole are trying to find a reason to buy these stocks, i.e the explosive growth will further confirm the continuous growth of those e-commerce business. Do you see a sell off today ? I did not !!!!
The most important thing which will further push the stock market up is that the fear of rate hike is released !!!!