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


To: Teflon who wrote (16926)2/25/1999 1:33:00 PM
From: t2  Read Replies (2) | Respond to of 74651
 
Teflon, You are doing your trades, the way I did last October--I was selling shares to buy calls and selling in the money Jan calls to out of the money.

To some degree I am still looking to buy some more calls--further out of the money--April 175s or 180s.--Just has to be worthwhile taking the gamble.

I just noticed MSFT moved up to 151 and change---seems to have resistance at this level. I think that is due to the momentum buyers who see the positives in no daily trial updates and the March 26 split.

-Risky strategy but still better than casinos.