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

To: Dave who wrote (62461)11/1/2001 2:40:24 PM
From: Timetobuy  Respond to of 74651
 
The point is, Dave, that they might want to buy it today and tomorrow and for a few more days. Why short a stock because it has moved up for one day? If you want to short it, try it up in the upper 60's or low 70's. At THAT point, the valuation really is probably too high.

Maybe short covering is moving it up. That can last a few days.



To: Dave who wrote (62461)11/1/2001 2:54:39 PM
From: David Howe  Read Replies (1) | Respond to of 74651
 
<< you might want to avoid buying while a price is high. >>

This thought process kept a large number of people out of the market through 1/2 of the 1980's and all of the 1990's.

They made the wrong decision.


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