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Technology Stocks : America On-Line: will it survive ...?

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To: Tom Lu who wrote (4094)7/21/1997 6:56:00 PM
From: CLAUDE JOHNSON   of 13594
 
AOL Shorters ---

Oh the pain to get it right and not act upon it ... On Friday I realized the following :

<< I will be putting in stops when AOL goes below 63 on Monday>>

and posted it! Then today when AOL broke down below 63 I was on the phone to my broker who agreed with me on the stops ... Only thing was I got cold feet thinking that it would keep going down, I would get stopped out, and miss out on the hugh profits!! What a bloomin' PIG I am!!! Oink Oink Oink,

I did recover and bought more puts at the close (10 Aug 60's @ $2)! This way I can be an even bigger pig!!!!!!

One guy I think highly of for his TA, has stated that AOL may likely rise to 67 before heading down to the high 50's for a big resistence test. He might be right ... but the sentiment is turning on her quickly!!!
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