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

To: blankmind who wrote (18155)3/16/1999 4:52:00 PM
From: Teflon  Read Replies (1) | Respond to of 74651
 
That's the spirit, blankmind!

Well Board, any thoughts on Philly Fed member Boehne's comments this afternoon and how this will effect the market.

The DOW seems to have real shyness about flirting with the 10,000 mark. This is a good sign as it will keep a decent balance between the daytraders and the long termers that ride this market over the this coveted benchmark.

As I have said, I believe the REAL movement in MSFT will hit in the middle to end of this week. The smart institutional money has been leading MSFT higher the past two days; the retail money has yet to really jump in.

Any thoughts?

Teflon



To: blankmind who wrote (18155)3/16/1999 5:02:00 PM
From: Lan Jaron  Respond to of 74651
 
I have a bit more detail about Stan Harley's predictions.

Market will make a top on 3 possible dates: April 1 (not kidding), April 8, April 20. He will give updates when we approach April 1. The market low will be in early July.

I guess if you bet on indexes or on stocks like MSFT you'll be safe until April 1.

Jaron


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