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Technology Stocks : America On-Line: will it survive ...?
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To: Robert Giambrone who wrote (3994)7/14/1997 5:09:00 PM
From: James F. Hopkins   of 13594
 
Hi Robert; It won't pull back as long as you have shorts running
at it; read my post before this one.
Keep in mind you have TWO teams of shorts..one is selling to the
other the winning team is always the brokerage houses. 80% of all
option players lose, and over 60% of all shorters lose, most of
the winning short positions belong to the brokerage houses,
and that's not just AOL, that's the way the system is rigged.
Jim
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