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Technology Stocks : How high will Microsoft fly?
MSFT 493.80-2.7%Nov 18 3:59 PM EST

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To: Valley Girl who wrote (35371)12/14/1999 12:05:00 AM
From: ed  Read Replies (1) of 74651
 
No one can predict the stock movement exactly, Say you want to buy at a what you call a break out at $105, what if the stock turns south
at $107 and all the way down to $102 ? Then you lost $3by buying at what you call a break out, i.e $105 !!! But those who bought at $95 still make $7 at $102 !!!!I bet the current movement is due to the expectation of the settlement before the end of the year, and after the new year the earning movement will start followed with the release of Win 2000 !!!!If you care too much of these $2 or 3 dollars , you will always miss the big opportunity !!!Just forget about these tick by tick movement , keep in mind you will make at least one MM per year if Microsoft moves from $xxx to $yyy !!!Who cares about these $2 or $3 dollar of short term profit !! Am I right Teflon or Taxman ?
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