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


To: John F. Dowd who wrote (35384)12/14/1999 7:51:00 AM
From: werefrog  Respond to of 74651
 
Howdy Dowdy: It's not actually picking the right stocks, it's all "Money Management". I don't ever panic daytrading such stocks as MSFT, after all, if my timing is bad I could always just hold until I do have a profit. But playing momentum stocks with no earnings, on NEWS, if I buy 1000 shares I'll only take 1/4 point loss. In fact if it just sits there and don't move, I'll sell flat, if goes up I'll sell and take profit, either way it's gonna get sold.
Have a nice day