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

To: Sir Francis Drake who wrote (26496)	7/17/1999 8:30:00 PM
From: t2	Read Replies (3) \| Respond to of 74651

Morgan, Thanks again for the advice on starting daytrading. The instructers are saying the same thing. Once a 2 week theory course is over, we have to go through a 4 week practical---playing with 100 share trades. It will be boring but i have been told it is better this way. Thanks for your cautions---it is finally sinking in. I do however plan to do trades that position me for market moves and will going with much larger number of shares---ex 2 day holding period. The regular daytrades (the 20 second variety)will be not get to 1000 share lots for a few months---going to take my time to learn that part of trading with 100 or 200 share trades. I wonder what effect the MM had on MSFT on Friday. There was very heavy volume. I expect it to start a couple of points up on Monday. I simply base this on news "digestion" period, earnings anticipation, and fear (among shorts). The MM equation had not entered my mind but i would be willing to guess they might be accumulating on Monday---helping drive up the price. Thanks for all of your detailed explanations in your posts. Myself and lots of others appreciate them very much.