To ALL: This am the SOX is runnig down, someone bet $60000 on 200
con of June55 puts on AOL at the open, she is going down as I
write this..that bet on the open was more than the ask on the
close..this was put down by some one who knows something.
And TT..Aol moves are far more complicated than any thing like
solely on their sub numbers..if that were true she would not
bounce up and down so much, the subs don't go up and down any
were near tyhe rate this changes..anyway we know they are lying
about chur etc as they will not release the real numbers inwriting. All we get is what they alude to. I will agree that the long term
price ( take out the manipulation ) is tied to what the general
public belives the subscriber rate is, and it will trend aol higher
as long as they can maintain the image.But the trend is notb what
I'm playing, I'm into her eratic moves and I'v been doing very good
latly in calling them.
If you have puts I would hold them and track the SOX today as long
as the SOX is trending down AOL will follow..if it reversise then
you need to watch the bid/ask size on AOL..I missed my bid this
morning and I do not chase her, I wish I had not sold my puts
yesterday but that's water over the damm, to buy them back I have
to pay what I sold for plus commisions and I'm just going to keep
my profits..if she bouces at $50 I might buy calls, if the SOX
is going up by then and it must be over $320, if SOX goes below
the new 320 support level , which was not long ago it's resistance
the next support is at 300 and a 5% correction in techs in the
broad range is likey if SOX goes below 320..that critical for
short term trading. and TT if you long on this stock, I don't know
when and can't tell you, but one day you will wake up in tears,
as when they bash her it will likey be done just as it is done
so often in this sector..( after hours ) and not even stop losses
work , they trigger on the open at whatever price she is, more
suckers get ripped off in techs than any other sector. I'v done a
lot of home work and it very dis-heartening. The tech sector has
not done any thing like the news media would have you to belive,
over all it has under preformed every other sector going and the
shorters have made much more than the longs.
I doubt I get them but for the heck of it I'm still bidding
the puts at 2-7/8
just looked AOL down 1/2 and on down tick bid/ask size 20/85
Jim
|
