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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (20794)	6/21/1998 6:50:00 PM
From: Monty Lenard	Respond to of 94695

Jim, I have made a running ton on MSFT but right or wrong I sold mine into that heavy volume Friday. May look back and wish I had held onto her. My brother in law has a large position in MSFT. I sold her when she went to 99+ and bought her back a few weeks ago. Anyway, he & I were talking about me selling her at 99+ and his statement to me was "MSFT cannot go low enough for me to get hurt." I kept my mouth shut but have thought many times about how "ignorant" (IMHO) that statement was. I watched her all day Friday before I sold and she traded 15m to 16m shares (divided by 2 for NASD) and stayed within a 1/2 range until the last 30 to 45 min. Remember your post a while back concerning short squeezes. Check this out: exchange2000.com exchange2000.com Monty