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

To: Sir Francis Drake who wrote (23322)	5/27/1999 9:53:00 AM
From: Teflon	Read Replies (1) \| Respond to of 74651

Morgan and t2k, When Markets are reaching a turning point for a bullish move upwards, stocks will typically head south in the morning on low volume and reverse their direction by mid/late morning or so on much stronger volume. Over the past couple of weeks (especially last week), the S&P futures would indicate a strong opening, which did occur, but then, there was a massive sell off by the close. As I watched the Market yesterday, the opposite finally happened. Today and tomorrow will be very interesting. I am waiting to see if the sell volume will dry up and the buyers will come back to the Market as they did yesterday. On the other hand, if they don't and we decline on low volume, I think the negative trend will continue through to the long weekend. I am confident, however, that we have reached a bottom in the tech sector. Teflon