SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: Brian Malloy who wrote (23688)6/22/1999 5:12:00 PM
From: Islander99  Read Replies (1) | Respond to of 41369
 
Simple profit taking following options expiration with multi day run up that caused all the averages to be up by over 5%. An easy call.

Thanks for the explanation. I guess my question was more along the lines of, "Gee, everything was going along fine until about 2:15 when, as if in coordinated fashion, all of those stocks plummeted, in tandem. Why?" Hard to imagine "profit-takers," presumably acting independently, all arriving at the same conclusion vis a vis 2:15.