Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sir Francis Drake who wrote (22664)	5/13/1999 12:26:00 PM
From: t2	Respond to of 74651

Morgan, For myself, I day trade with an on-line broker for fun--it keeps me away from playing with options. My capital is tied in retirement accounts so I can't sign up with a day trading firm (only 1 in Canada to the best of my knowledge). I trade US stocks in my retirement accounts in 1000 share lots. I found going higher that 1000 share lots cause big delays in getting fills. I just watch trends and news such as the IBM analyst meeting. IBM had a lot to do with my decision to buy MSFT today. As people see IBM shares going up, the investor interest in MSFT goes up since it has not moved up much for the last while. IBM is getting good marks for its internet strategy ---- MSFT should get great marks for the same business. That had a lot to do with my decision to buy back into MSFT quickly. To me it appears some of the net stocks have stalled a little, meaning some money might be coming back into great tech companies like MSFT. I agree that day trading is risky and people should be cautious into becoming full time day traders. The other reason (in addition to not having as much capital in my margin account) I did not sign up with the day trading firm because i did not want to waste time going for 6 weeks of training at their office.