Your crazy :-} Screw the damm charts they dont mean jack shit most of the time. There was some guy here a few weeks ago saying that based on his charting analysis AOl would not trade any lower, that was when the stock was 31. I told him that its possible that AOL may have found support based on a technical basis but that charts dont mean shit most of the time. I hate those tech analysis guys who will read a chart after the fact and then say , see here it was a buy and here it was a sell , and here it had a candle, and a cup, and head and shoulders, etc etc. Most of the time its bullshit. I never use a chart , I use common sense, no damm chart can predict what kind of news will come out on a stock. The only thing the NYSE will do for AOL is do away with market makers, so now we deal with specialists.
I have no financial interest in AOL , I would buy puts but they are to pricey for my taste , and I dont short stocks.
Someone else also posted that AOL would change there pricing structure
, more hours less fees, while this is great for subscribers, it is not going to look good to the analysts who make recommendations on AOL.
Mark |
