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Strategies & Market Trends : Roger's 1998 Short Picks

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To: jay v. harper who wrote (266)1/6/1998 9:33:00 PM
From: McNabb Brothers   of 18691
 
jay,

I feel as though the high in AOL was made today! Seem to be a short squeeze with heavy volume for a brief time then went down on heavy volume as well! Almost like a bottom wash out except right reverse! What was really interesting is that it did not and could not close on a new high today after making a very good attempt at it, and it is looking as if a double top may form now! That's how this TA person sees it, but like some people say a TA person can see whtever he or she wants too! And by the way I'm short big time in AOL!

Hank
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