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Technology Stocks : America On-Line: will it survive ...?
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To: Jim McDermott who wrote (1809)2/23/1997 6:32:00 AM
From: William H Huebl   of 13594
 
Hi Jim,

If I were in a stock long, I might go in for more the the fundamental stuff. My theory... probably a steal from someone else, is that everything along those lines is probably already priced into the current value of the stock/equity/option/index. That's why I depend on TA so much... it tells me more than flipping a coin... almost said flipping a chart... which is what you are doing without some kind of systematic approach to stock selection and buy/sell decisions.

And of course what THEY (who is they???) always tell you to do is watch what happens to the stock on bad news. So far, NADA. So I am waiting for the big move up when everyone must cover their shorts/puts whatever and it takes off.

Good luck to you, also, and don't be the farm on it... I'm not.

Regards,

Bill
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