How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 403.07

-0.3%

12:46 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim McMannis who wrote (39580)	3/20/2000 10:35:00 PM
From: werefrog	Read Replies (2) of 74651

"So Jim, how are you doing with all this? " Let's just say I was position trader for decades. I began swingtrading msft as a hobby thanks to computer technology. After a while I began daytrading msft. I stumbled onto a chatroom where one guy actually tracks the s&p 500 and when it upticks he would buy MSFT and hold until the s&p 500 downticked, then he would sell. Some runs would only make a fraction of a point, but through out the week he would get multipoint runs several times. With 1000 share buyins he would make more in a week than i would make in a year holding MSFT. I will add at this point he no longer has been playing MSFT as he switched to CSCO a few months back. I also have picked up on this method, thus I would consider buying MSFT longterm as a waste of my time and money, however for the people who do not know how to play short term I would still maintain if you can get in when it is down 25% from the yearly high, do so.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next