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


To: Thunder who wrote (37232)1/29/2000 5:06:00 PM
From: blankmind  Respond to of 74651
 
- I see the market headed higher over the year & beyond for the following reasons:

- baby boomers continue to sock away for their retirement
- 401(k) & mutual fund monies continue going in; including a net positive $8 bill this past week per Barron's
- Supply of stock available continues to dwindle due to stock buybacks by the MSFT's, Aetna's, Bear Stearns, and others
- Short interest is at a record high
- new markets continue to open up every day; especially in Asia & the former communist Europe
- Almost every stock expert is saying to sell due to January being a down month
- As I write this, the 10,740 & the NASDAQ is 3,887. We'll see