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

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To: Brent D. Beal who wrote (4615)8/28/1997 2:35:00 PM
From: Brent D. Beal   of 13594
 
Check out the intra-day chart. Every time AOL start creeping up (generally small buys, the little guys who are about to get left holding the bag), a 10k or larger trade comes along and sinks the stock. Institutions are starting to move out, albiet as surreptitiously as possible. I like to see a stock like this get kicked every time it tries to stand up. For all those people who made money on the way up, it's time to start buying puts. Why not make money on the way down too?
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