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


To: Norm DuPont who wrote (60464)8/9/2001 9:21:41 AM
From: werefrog  Respond to of 74651
 
"Is today a buy on the "shake" day?"
Every day is a buy on the first shake of day play. If your not confident, paper trade MSFT using that play until you are confident you can win. I follow it down on a tick chart and buy when it curls up, if it's a "head fake" and turns back down I sell with a quarter point loss, sometimes I sell flat if it does'nt move up within a few minutes after my buy. Timing & money management are the keys to winning & over time you will realize just how "strong" that play is. I'm not looking for a position play on MSFT until mid Oct., however support is 64.2 and if 64, whole number, appears to be holding in realtime, I would buy for a "bounce" play. Frog