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Technology Stocks : America On-Line (AOL)

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To: im a survivor who wrote (9444)4/6/1999 4:47:00 AM
From: Arik T.G.  Read Replies (3) of 41369
 
KG4,

Great post.
One of the few on this thread that do not concentrate around
1. A prediction of split and price after the split
2. "Go AOL"

You conveyed your thoughts and feeling very well.
The recent run made you think the stock is ahead of itself so you thought about selling, then you remembered that in the past whenever AOL looked like it's ahead of itself it only consolidated and kept moving higher.

My advice to you is this:

Imagine you have no AOL at all, and all the money which is currently in the stock is in your account today in cash. Now try to figure how much of it would you put in AOL. Make this the guideline of how much AOL you want in your portfolio now without getting emotional about it.
i.e. If you would only use half the money to buy AOL again then you should sell half of your holdings.

Myself, I think I will short AOL (and the market) today if it rises more in the morning. A very good selling opportunity IMO. BWDIK?
But taking something off the table is always a good idea, esp. when margined.

ATG
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