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Technology Stocks : How high will Microsoft fly?
MSFT 477.93-2.9%3:30 PM EST

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To: Jacob Snyder who wrote (44678)5/11/2000 8:51:00 AM
From: werefrog   of 74651
 
"to trade the range on this stock"
My first real success at playing stock in a trading range was MSFT when it was trading 130 -140 range a few years ago. I would buy low 130's & sell high 130's making about 5 points each trip and I must have done it 10 times or so before it broke out of the trading range. I've played this range once already buying 65 5/8 & selling near 74. It's a safe play at this price, just sell taking a minor loss if it breaks below 65. I did'nt buy yesterday because proposal news was due out. DOJ is a wildcard with this stock. JH
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