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: jack rand who wrote (3269)	5/29/1997 2:46:00 PM
From: James F. Hopkins	of 13594

Hi Jack: Your right about it being a semi index, and I didn't mean to say AOL tracks it. I use the SOX to get a feel about how the general mood is. Mostly I don't buy aginst it's trend in any tech issue ( for day trading )..I wait untill the SOX mood is going the way I want to go. Things and moods tend to rub off, "but don't always do so." I use it not so much as a buy or sell signal but as one that can put me on hold. to put what I said in in context, I was just refering to what I expected for today, in as much as AOL was showing me signs of being weak already I felt if the SOX went down today she would follow. I'm aware of haw many many times AOL will fly in the face of the market, it don't seem to track anything. <G> So far today I holding the short end of the stick..the SOX is down and AOL is up, but thats not the last call I'l ever get wrong. I still think she is due for profit taking before she goes on up, and the puts came to me, and now she just wants to sit there and laugh at me...<gggg> Jim

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