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

To: johnd who wrote (29821)	9/22/1999 7:06:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

it is easy to be an optimist. That is human nature Johnd, i think that i am a realist. With the way money keeps flooding into the market and going straight for the tech stocks, it is hard to be a pessimist on this sector. Everyone kind of agrees that the information age is the future. Just look at today's rebound. You know the G7 ministers' meeting is this weekend. Also note that Japan is not intervening to stop the Yen's rise before that. It only follows that on Friday (or as early as tomorrow) we should have one hell of a rally in the stock market in anticipation of a coordinated effort in the markets. In addition, i would expect the YEN to decline on Friday or Monday. Most would consider this positive for the US markets. As a guest on CNBC suggested (Mike Benford from the Bank of Montreal-currency exchange director), the bank of Japan wants to enlist some help before they make a major step in trying to stop the Yen's rise. These kinds of events are going to be very bullish for this market. I bet there were a lot of pessimists who took short positions on the market going into this time of year and i would guess they would be covering soon. Just my guesses.

To: johnd who wrote (29821)	9/22/1999 7:08:00 PM
From: Jill	Read Replies (2) \| Respond to of 74651

Forgive me, sir, but you are mistaken. Holocausts, genocides, fratricide, these are too common in our history for optimism to be easy; fear, guilt--these are prime human motivators along with hope and joy--no, it's not "easy" to be an optimist--haven't you noticed that CNBC is so popular because it plays to fear--thus the "Tuesday selloff"--I think it actually takes guts to be an optimist Forgive the rant