LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (19159)	8/9/1999 9:29:00 PM
From: Jeff Jordan	Read Replies (2) of 43080

Susan... ATHM....well you know my views...well enough, I think I've been very clear...yeah, the chart appears to be a little crappy...but I don't think it's as bad as it looks...I hope I'm wrong and my original targets aren't met...Today's coiled spring changed my mind...you saw the effect....pent up buyers reacting to the AOL news....I knew it would retreat...that's when I started buying....@ 39 1/8...yes we know it could test 36 again....and given the current market...it's very possible...I bought a sizeable amount today...but don't have a problem completing my acquisition should it test that level again...atleast I will have something to sell @ 44-50....yes, I'm sure we are very close to the bottom.....or I wouldn't have bought! Jeff

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