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

To: David Howe who wrote (56392)	3/1/2001 6:50:54 PM
From: Dave	Read Replies (1) \| Respond to of 74651

My guess is that the selling of equities will accelerate and some time in the next couple of weeks we'll see Nasdaq 1800 or thereabouts. At that point their should be some kind of climactic event (ie. volume or bearishness spike) and real buying will return. AG should then lower rates. That's the next rally opportunity that will be worth buying, IMO. Anyone else think this scenario is likely? I'm with you up to the return of real buying after reaching 1800. I am anticipating market action more akin to that in Japan, where, on net, the Nikkei has been declining for FIFTEEN YEARS. Many very intelligent professional stock analysts have been claiming that they have reached The Bottom for most of those fifteen years. And I think our bubble was more egregious and exaggerated that Japan's was. Time will tell. Dave