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

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To: J.S. who wrote (4126)7/24/1997 12:12:00 PM
From: James F. Hopkins   of 13594
 
Thanx Joe; I seldom, ( very rare ) sell or buy at market, I may
plug in the BID or ASK price, however I still put it up as a
limit order. With puts, on movers like AOL I under bid, and it
has to come my way before I buy..selling if a reversal happens
I may try to get out quicly and go market..but I'm slow to buy,
and miss a lot of bids, yet this margin is what has paid off,
over and over I'v cautioned people of chasing the options, and
have the style of getting in front of them , and letting them
come to me..or pass. More often than not when I pick up a set,
I say well I'l be darn.."they gave them to me"..to me that
surprise is were it's at, as I do better that way than
rushing in. Right now AOL is droping and may hit my call target
soon.
Jim


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