How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 503.46

-0.5%

11:19 AM EST

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To: ed who wrote (36620)	1/16/2000 5:53:00 AM
From: werefrog	Read Replies (2) of 74651

"What if the stock drops to $45 right away ? Do you mean the $50 stock? One should be tracking it using level 11 data and aware of it's tick movement. If it downticks four times,and is a slow mover, if one were playing 1000 shares, hit the SELL button, taking 1/4 point loss is a general rule many traders go by. Playing a fast mover, YHOO, 100 shares is all it takes to give you a rush, which can run down 50 to 60 points in 5 minutes many traders allow a 5 point loss before bailing out

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