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

To: johnd who wrote (16869)	2/24/1999 2:38:00 PM
From: Uncle Frank	Respond to of 74651

>>I normally don't do short term but I have been reading this thread a bit too much I guess. It's definitely a crapshoot, john. I've been rolling naturals, but snake eyes may be lurking <g>. Frank

To: johnd who wrote (16869)	2/25/1999 3:51:00 AM
From: Uncle Frank	Read Replies (1) \| Respond to of 74651

>>Having done options for 15 years, all I can tell you is when your original profit target is reached dump the baby and take the profit. Agreed, but that's my problem. I bought msqcj calls on Monday because I didn't feel the weakness in msft was justified. It doubled before I could set an exit strategy. What basis do experienced options traders use to determine a profit target? Please use my msqcj's as an example. Frank