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

To: t2 who wrote (28252)	8/17/1999 10:06:00 AM
From: Teflon	Respond to of 74651

Strange Market activity today. The trading is starting to remind me of last months option expiration week. If anyone here remembers, we had that big discussion about the shorts trying to drive the Market down to allow them to cover on their short positions prior to options expiration. Well, I am starting to see the same patterns in the Market today with the positive CPI report. My gut feel is that some very large short players are going to try and drive this Market down as much as they can to allow some short covering at reasonable levels. I think Market Sentiment just turned Bullish today and money flow will return to the buy side soon. We cold have another nice battle on our hands here folks, stay tuned. I don't think the Market will stay contained for very long. Any thoughts? Teflon