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

To: Epics who wrote (42417)	4/17/2000 4:28:00 PM
From: Jacob Snyder	Respond to of 74651

re: somebody knows something No, no one knows anything. The buying was indiscriminate. Promiscuous, you might say. Everyone blindly buying the dip. Ever read that sci-fi classic, "The Marching Morons"? I expect several furious bear rallies, petering out at lower highs, and then lower lows after each one, before the bottom (in MSFT and the Nasdaq) is reached. And, even on this end-of-day-gotta-participate-fight-the-Fed rally, investors were buying a lot of INTC, AMAT, TXN, ORCL, and not much MSFT. If I was a day-trader, I'd buy AMAT. Since I'm an investor, I did nothing. Thought about selling my QQQ puts, though. Maybe tomorrow.