America On-Line: will it survive ...? Message Board

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

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To: kajtek who wrote (4516)	8/18/1997 7:48:00 PM
From: Getcher	of 13594

JUST TO POST TODAY's TRADE I MADE: Bought the Sep 65 Straddle when AOL was around 65, net Debit of $8.75 per contract. Will sell either side above $9 and keep the other for the potential buonce back. I have decided after much study that this is my best course of action on AOL as the stock nears the 50 DMA. It ALWAYS bounces, so I'll play the bounce instead of the wishful thinking. And now I don't care where it bounces, or teh unbelieveable reasons for upturns. I'm trading frustration for profits!!!

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