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

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To: jeff c. who wrote (5427)11/3/1997 4:41:00 PM
From: IKM  Read Replies (1) of 13594
 
Sitting tight. Wringing out some shorts, sucking in some bulls. Let's see what earnings brings. I'll not cut and run 'til then. May be a chance to load up even more puts at a discount before Thursday. Now, are earnings more likely to be beyond the expectations of the bulls, in which case I'll have to run for cover, or will they only meet or, heaven forbid, fail to meet expectations? If the latter, can the bulls rationalize it away one more time in this market environment, or do they lock in their gains or take their lumps and bail out? Hmmmm . . .
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