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


To: Tom Kearney who wrote (21147)4/21/1999 10:34:00 AM
From: 16yearcycle  Read Replies (1) | Respond to of 74651
 
The cpq bs created the undercurrent that caused this. The correction that would have started next Tuesday just prior to amzn and aol 's reports, happened now. I would think we are very safe, the naz officially corrected 10%, and starting next week we will see a rotation back into csco and msft instead of a downdraft. The market will still get weak after csco's report on 5/11 but won't need to correct. By around 6/1, ESPECIALLY if amzn and yhoo are hovering around 200, we are going to see an explosive move up into msft July report, and the nets will go nuts on split anticipation.

Did you know the nas market has had 5 10% corrections in 1 year?



To: Tom Kearney who wrote (21147)4/21/1999 6:56:00 PM
From: Andy Thomas  Read Replies (1) | Respond to of 74651
 
>>I think the spring correction may be over.<<

The real correction hasn't even started yet.

FWIW
Andy