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


To: Jean M. Gauthier who wrote (20308)4/11/1999 9:30:00 PM
From: t2  Respond to of 74651
 
S and P futures down 17 and Nasdq future down over 43.

I bet it will gap up tomorrow morning. S and P no lower than -7 and Nasdaq no lower than -22. Tomorrow morning is going to be interesting.

If for some reason we have strength, I would probably sell into it. If we get weakness, I will probably buy. MSFT around 90 to 92 and Intel 125 to 127. Of course that would just be my morning trading strategy---not changing any core positions significantly.



To: Jean M. Gauthier who wrote (20308)4/11/1999 9:43:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
I just realized that there is no point monitoring Nasdaq futures this early--now down only 40. Probably thin trading. That is the last time I look at them tonite.

Willing to bet on a tech rally late in the day as long as Kosovo situation does not get worse (rumors of ground troops would spoil any such rally).



To: Jean M. Gauthier who wrote (20308)4/11/1999 11:52:00 PM
From: taxman  Read Replies (2) | Respond to of 74651
 
"Just how many points is that BTW"

right now it's about minus 50 nasdaq points. about 2%.

the futures don't always foretell the market direction however.

regards