How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 472.22

-1.3%

Nov 21 9:30 AM EST

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To: Uncle Frank who wrote (16865)	2/24/1999 7:00:00 PM
From: Bryan Woodruff	Read Replies (1) of 74651

Hi Frank. > Any advice from experienced options traders on the thread about > an exit point or roll-up strategy would be welcomed. I'm a novice. I've been trading stocks for a while but the option market is new to me. I am reading books on the subject and have been eyeing and calculating options in what-if scenarios. I finally bought in on msqci last week sold to close today for a 75% ROI. I then picked up a longer term option today. One thing that some authors have stressed is to set your exit point and don't let greed get in the way. I managed to get out today ahead of the game and I noticed after market close that we shed these gains due to the sell off late in the session. Greed could have kept me in. - Bryan

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