How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 508.82

+0.6%

Nov 11 3:59 PM EST

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To: Jill who wrote (36564)	1/14/2000 7:16:00 PM
From: werefrog	Read Replies (2) of 74651

Re: selling more important than buying. Jill, one can pick and choose the time to buy and at what price. You can't do that when selling. Selling is something that one can never master, but you can get good at it. Selling is the "KILL", when you make the money. When you buy, you are actually the prey, of the Market Makers, until you "SELL". Of course I'm talking about SWING and DAYTRADING. About the only ones I know who got in MSFT at IPO was employees. I have been trading it since 1989, and I do agree there are much better stocks to daytrade than MSFT, I daytrade it out of habit more than anything else. I've seen 30 to 50 points made in YHOO in ten minutes many times. You will never see than kind of action playing MSFT. The trading room I'm in mostly buys momentum stocks, on news, some people making hundreds of trades each day and they will all tell you in that enviroment selling is the critical side of each trade. You must sell to cut losses or take profits, but you don't ever have to buy. Cheers

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