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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Devil's Advocate who wrote (25075)6/29/1999 9:51:00 AM
From: Deliveryman  Read Replies (1) | Respond to of 74651
 
There is something to what you say. The expression "no one ever went broke selling for a profit" is, in my opinion, false.

The key is to have a reasonable, and moving stop loss and ONLY selling when it is hit.

This idea is documented in my favorite book

<a href="http://www.dayraiders.com/books/books.htm" > How I made $2,000,000 in the Stock Market -- By Nicholas Darvas </a>

Once you select the right stock (and MSFT is one for sure) it does work.