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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (23599)	4/7/2000 11:17:00 PM
From: Tradelite	Read Replies (1) \| Respond to of 57584

MSFT.....After giving it some thought, I feel I should mention that I bought and quickly sold this stock for its fleeting momentum value today. Had no intention of holding overnight. IBD indicates this stock is being sold off by the professionals, and I'm sure more of them will be selling into strength on Monday morning, since the stock rallied somewhat this afternoon. On top of that, some rather discouraging things were said about it on CNN Financial cable TV tonight (a program which, by the way, is a breath of fresh air during the day and evening when compared with CNBC sometimes). MSFT is not a good hold, in my humble opinion. The Nasdaq did not rise enough today to signal a solid rally, either. Watch your back.....I'm trying hard not to get stabbed, myself.