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Technology Stocks : America On-Line: will it survive ...?
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To: sam who wrote (7361)2/10/1998 3:03:00 PM
From: Pancho Villa  Read Replies (1) of 13594
 
>>If Cramer's right, and this run up is primarily a short squeeze, then this thing should come down very,
very hard. We'll see if he's right.<<

NO doubt there was short squeezing, but remember there are still many shorts that may chicken out, thus creating a new one; and also, the new president, some people may think he is David Cooperfield (sp?). There is no doubt there will be a significant correction; however these usually happen when least expected so even though I wish it, I doubt it will happen right away (i.e., this week). IMO what increases the probability of this happening relatively soon (less than three months I hope) is the incredibly crazy market conditions we are currently facing.

Pancho
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