America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: freeus who wrote (18754)	5/26/1999 7:33:00 PM
From: Sabrejet	Read Replies (1) of 41369

OT Hey freeus! The last margin call I remember having was ZITL when I was short @31 and it went to 40+. I held for the three day period and after that time it went back to 28! Never had to settle. I think it's at 1 1/2??? That was the obvious short of all time. Tax free money! I'm still waiting to put my retirement back to work. With that in mind, I believe many others are as well. We should hold here for a bit, then trend lower and then when they are giving ALL stocks away, get back in. The fed will not tighten but until they announce it, this market will be tough on the upside. If they raise even an eyelash before then, we're toast!! Put/call ratio still too bullish. Experience says look out for a return lower. sz

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