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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: BarbaraT who wrote (44565)	6/15/1999 1:41:00 PM
From: Jenna	Respond to of 120523

Yesterday, Barb, was yesterday and obviously it was a 'sell' signal for Friday/Monday. Today it did hold.. I would say yes to a hold overnight if the 90 stays support through the close. And Yes of course if AOL did fall below 90 today it would have been a 'buy the puts' deal. Barb, when the situation is so tenous as AOL, you are not going to find unequivocal 'indicators' that are strong in any one direction. At this point in time (1:39 pm) I will probably hold AOL (no options here) overnight.. Just notice how I was short (puts) EBAY just yesterday and now I'm long EBAY. It's unfortunate the situation is as tenuous, but then look at ADLAC, down 10 points in the last 5 trading sessions and making about 45% back in one session.