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


To: ed who wrote (28200)8/15/1999 9:35:00 PM
From: djia101362  Respond to of 74651
 
the Redmond Express just keeps chugging along, choo choo.

pcworld.com



To: ed who wrote (28200)8/15/1999 9:38:00 PM
From: t2  Respond to of 74651
 
Ed, So, why bother timing the market

You provided good advice and reasons for not trying to time the market.
So far i have been good at timing entry and exits points in the market (sorry, don't mean to brag). It becomes a habit until i screw up. Since my market timing basically involved options trading in the past, I was able to make some great gains. Now i am interested in timing stock buys. I realize that for stocks, timing is not nearly as big a factor as for options trading. However, i have developed habits from my options trading which are hard to break. I am going to follow the type of advice you are giving--and maybe try to break away from options mode.

One problem i have is that i don't mind getting 5% interest for the remainder of the year---basically a risk averse type of period for me.
My short trading of stocks is really not significant compared to my total portfolio---which is in defensive types of investments.
Still, i am going to start building up a normal investment portfolio by buying a little bit each month of the year.



To: ed who wrote (28200)8/16/1999 8:02:00 AM
From: werefrog  Read Replies (2) | Respond to of 74651
 
>or one year later when the price hit $150 after split<
MSFT has a 10 billion share "Float". While it was the stock of the 90's will it continue? Anyone who invest should keep in mind the "Railroads" made paupers out of more investors than any other investment in history so investors should monitor their stocks closely, even MSFT, as someday the party will be over.
>just buy time to time from $80 to $85 <
Where do you get this number? The consensus is to enter a position trade in MSFT when it is down 25 to 30 per cent from the yearly high.
<and just keep buying >
What about just keep selling? Many people want to make money today, not some distant day in the future. Even Bill sells shares from time to time.
<So, why bother timing the market ??>
Some people have enough skills to Swing Trade, Day Trade, and don't limit their selves to only Position Trading.