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


To: Uncle Frank who wrote (28579)8/24/1999 12:18:00 PM
From: Teflon  Read Replies (3) | Respond to of 74651
 
Okay, everyone, take your seat at the BlackJack Table! The real action is going to start when AG gives his little speech...focus in the the "Bias" of the Fed, if they keep it neutral, the Market is going to take off. If the Fed moves it towards tightening, the Market may very well sell off.

The actual tightening at this meeting is almost irrelevant. The Bias is the Key. The volume on the Big Board is very low. There is substantial Money on the sidelines just waiting to come into this Market...let's hope the Fed keeps the bias at neutral.

BTW, has anyone noticed the MSFT has traded almost 30MM shares by lunch time today? I think this consolidation just might be over, let's just hope the Fed cooperates.

Teflon