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Technology Stocks : How high will Microsoft fly?
MSFT 478.29-1.8%Nov 20 3:59 PM EST

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To: Sir Francis Drake who wrote (25626)7/7/1999 4:22:00 PM
From: t2  Read Replies (2) of 74651
 
And isn't it always good to be a MSFT holder? Up days or down days, no sweat - longer term I don't worry.

Morgan, I wish i can become a long term MSFT investor. Instead, i sweat it out holding very risky options. Got caught off guard with yesterday's decline. Finally started moving out of options today. Still have lots of selling to do but getting a little nervous.
The one thing that made me comfortable was the increase in bearishness as pointed out by CNBC. That is a good contrarian indicator and helped me to relax.

Once i am done with my options, then it will be buy and hold. I trade so much because there are no tax consequences in retirement accounts and that is where i made money.
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