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

To: t2 who wrote (56972)	3/31/2001 8:33:41 AM
From: werefrog	Read Replies (1) \| Respond to of 74651

120 to down to current levels <That is a sign of strength> 120 t0 40? Strength? Well, I am glad I sold my YHOO. <Not worth the risk to short it> 56739 was a buy post. I've been posting more short post, swing trades, this year because of market conditions. MSFT is in a trading range approx. 50 to 60. You've been posting here for a while, do you remember when msft was stuck between 130 to 140 a couple years ago. It went from low 130's to upper 130's and back down for several months. That was when I learned to play a stock's trading range. I must have made 50 points before msft finally moved over 140. To keep from missing any major run, long or short, one would go long, position trade, if msft broke out above 140, or go short if it broke below 130. So, why not make money while msft is stuck in a trading range rather than simply holding, not making any money right now. Post 54380, 55102, 56306, 56739 add up to more than 30 points, I know because I added more than $30,000 to my trading account money market. Frog