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


To: taxman who wrote (26905)7/20/1999 5:47:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
too many bears here. market will bounce up at the open.

when the individual investors START to get bearish, IMHO, that is not a bullish contrarian indicator--at least this time. That could be the start of a spiral.

I basically plan to sit out any options play. MSFT open was too weak to try the Aug 100 calls.

I don't know about you but i am not finding holding stock very stressful. Options used to drive me crazy when the market went down.
I am still not ready to pick up bargains in the market yet. I am looking to start buying back more MSFT starting in the high 80s and average down to about 80.