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Technology Stocks : America On-Line (AOL)

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To: tang who wrote (7585)3/24/1999 6:59:00 AM
From: Arik T.G.  Read Replies (2) of 41369
 
tang,

>>please short AOL or leave us alone!

Well, I chose to short AOL rather then leave your pleasant company.

Bot April 125 puts at 10 1/4 yesterday, and coupled with the 125 calls I sold naked at 12 3/8 the day before, I now have a synthetic short at 127.

AOL chart looks a lot like YHOO at the January top.
I guess 3-4 down days in a row, and it should cross the 13 dma (currently at 105) in a week or two.

ATG
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