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

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To: put2rich who wrote (3605)6/26/1997 2:15:00 PM
From: James F. Hopkins   of 13594
 
If you put stop loss to close they will reach up and get you,
she's still ticking down, I don't short stock, but buy puts so
I don't know what to tell you..I'm seeing a down trend..
and a good chance of a sell off day of about 3 or 4 points
before she bounces..whasy few spikes I see seem, to be them
reaching up and taking out short sellers with close stops.
Good luck..if I had em I'd liky buy some 60 calls to cover with
and hold them for 50. But I think she close 56-1/2 today.

Jim
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