America On-Line: will it survive ...? Message Board

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

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To: WryBoy who wrote (3155)	5/17/1997 6:05:00 PM
From: chenys	of 13594

That was a hedging. I rode AOL down from 70, with fear! Yup, fear! And Fear makes mistakes. I was sleepy and the telebroker told me AOL was up so I sold the deep put right away with my eyes closed ( I am very good in puchning keys that way.) But then I woke up to find it a joke. I held on to it and closed it the following day at the loss of the spread. I could have got it even during fluctuation but I wanted out bad. 400 contracts sold, 40g lost in a day. But then I caught her on three major pairs of oscillation before it bottomed (if it is, that is), and that made the loss a minor one. You know how bad AOL can be to your wealth? I know. Hard earned money indeed. Either way is dangerous. Call me stupid, it is OK. I was. (and careless) Trying to be smater. Offline for a while now.

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