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Strategies & Market Trends : Tech Stock Options

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To: Robert Hecht who wrote (5613)2/26/1997 2:27:00 PM
From: Kevin   of 58727
 
Hi Robert. You got my thinking right...I've played AOL several times like this. The stock may hop above $40 intraday, but so far it always comes back down. This resistance level has worked very well for me, and I'll keep using it until it finally breaks through and maintains a price above it. (kinda like XLNX did at the $45 level...I used to do the same thing with this one).

MF is indicating a rise to $40 ironically.

Take Care!
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