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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (155422)3/21/2000 2:46:00 PM
From: JRI  Read Replies (1) | Respond to of 176387
 
*OT* Greg, how quickly they forget! Techs, as you know, have raged during the (slow-drip-up) in rates...25 pts. at a time.....although we have seen a little rotation to the old guard..for the most part, it has been great to own techs during the .25 pt hikes...Now, you may think, at some pt., the cumulative effect of the rate hikes will sink the techs...but I see the opposite...

When it becomes clear that the rate hikes are over...I think old economy stocks will rule...likely over the summer...

In any event, I think you'll see the Naz return to 5000 in the next 10 days....that should take a lot of sting out of any recent losses....after all Greg, you can't run laps around the rest of us forever <G>