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Technology Stocks : AOL, now I get it

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To: Joel Sternberg who wrote (251)12/22/1996 8:01:00 AM
From: Caligula   of 496
 
>>Robertson-Stephens reiterates BUY in report dated 12-20-96<<

I play AOL both long and short, since it swings all over the place. Seeing
that it's price was virtually unchanged Fri. even after the BUY being
reiterated shows it's ripe to short again. If it can't even move on good news
then what is it going to do on a day with no news or mildly bad news?
It should go down. It followed exactly the pattern I predicted (to myself) on
Thursday and Friday. It seems to pop up briefly at the open, then zig-zag,
then close around the low of the day. Unless there is bullish news this weekend
or on Monday, I think it will be going down again.
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