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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who wrote (749)4/11/2002 11:05:21 AM
From: Joe Stocks  Read Replies (1) of 787
 
AOL- Long. Stopped out for a 11 cent loss. AOL now looks spiffy as a teenager and 20 may end up being resistance near term. Another 20 minutes or so could tell. No position and moving on. Too much damge to short asI think supporters will show up soon and option expirations next week will probably put pressure on it to rise. As ugly as the chart is I don't want to be too long either. Almost like someone knows something. I can't get the risk/ reward to work here below 20.

Joe
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