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To: KeepItSimple who wrote (94151)4/14/2001 2:27:45 PM
From: Lucretius  Read Replies (3) | Respond to of 436258
 
so your entire net worth is in MSFT may calls? ROFLMAO.... ok, just wanted tto get that straight before we began next week.... let's see how you do.



To: KeepItSimple who wrote (94151)4/14/2001 2:48:48 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 436258
 
re: Nobody ever lost their job for picking microsoft in their portfolio.

People used to say the same thing about CSCO, EMC, INTC, etc., etc. One by one, every "safe" stock in every "safe" sector, has collapsed. I am long MSFT, and I will sell if we get to 75. A lot of other people will, too, which is why I think it's unlikely we get that high. There is overhead resistance, investors who bought at higher levels and would be happy to get their money back, in almost every tech stock.



To: KeepItSimple who wrote (94151)4/14/2001 3:18:26 PM
From: maceng2  Read Replies (1) | Respond to of 436258
 
KIS,

re I expect MSFT to hit 75 next week, at the very minimum. It is 10% of the nasdaq, which means it is THE target for manipulating the index so J6P gets all lathered up.

And for the same reason MSFT will THE target for the bears. It's a big trading stock and shares are easy to get hold of. What kind of unfolding scenario would make you be one of the first to turn bear on MSFT?

pearly.



To: KeepItSimple who wrote (94151)4/14/2001 3:48:15 PM
From: sun-tzu  Read Replies (1) | Respond to of 436258
 
DT'ing bear market rallies from the long side is admirable. Holding call options over the weekend is foolhardy. You will get burned overnight at some point and will be unable to exit. I trust you have defined your risk and don't mind losing the capital you allocated.

As an aside, your near-term price target of 75 MSFT gave me quite a laugh.

(`)^(`)