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

To: Devil's Advocate who wrote (26878)7/20/1999 4:15:00 PM
From: johnd  Read Replies (3) | Respond to of 74651
 
Thanks for the buy & hold advice. But in 87, I sold and
rebought and did well.

Currently first support (50-d MVA) is 83
second support (200-d MVA) is 74



To: Devil's Advocate who wrote (26878)7/20/1999 4:29:00 PM
From: Frank Ellis Morris  Read Replies (1) | Respond to of 74651
 
>> buy, hold and diversify. You'll see, your worries will disappear. ;-<<

You could probably just buy and hold Microsoft and be fine in the long term. Trying to time the market is asking for big trouble. I have never known any successful market timer over any reasonable period of time. Most of them loose their shirts. Playing with margin, or options is also very risky.

Frank


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