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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (27596)	8/1/1999 6:07:00 PM
From: LTK007	Respond to of 41369

Yeh that could be read I am short AOL---but no I truly am not,but techinically speaking it is a stock I watch closely regards Nasdaq's direction,and yes I do think AOL if it crosses below 90 it will mean a great deal regards the market in general. I only go short by going to cash,and perhaps to play with small put positions. But quite,seriously,if one has access to WSJ interactive site you will see the header for the AOL article appears coincidencely right under the Barrons-On-Line promo and people surfing quickly could easily have thought it was an article to be in this weeks Barron's--if one doesn't believe but has access to the site you will see what I mean.Max90

To: Vendit™ who wrote (27596)	8/2/1999 12:56:00 AM
From: Dr. Zax	Read Replies (1) \| Respond to of 41369

Hi all some thoughts Just in case you missed it, I sold last week. Took my profit and ran, this is probably an indication that the stock will go up in the near future, but so far it has worked the way it was supposed to. I am waiting for a lower re-entry price. I didn't know whether to direct this at Vendit or max90. Notice in the above position I am NOT long. but you know what, I am not short either. I hold no position and I feel the stock will go down. I got the impression that max90 may be in the same position. Vendit, just because someone is not long (uh oh... someone has a different opinion than you!) doesn't mean they're short. I will be making my fair share of negative AOL comments now, but I am not short. As for the print on Friday afternoon. I found all the arguments pretty funny. Here is my read: They printed it because the mutual funds that can boast about owning AOL get to report 97.125 as the month end close. It only took two people to make this print.... pure manipulation. It is bad for long daytraders (imagine -- we are now in a world where that is not a paradox), because they still had a down day on Friday. On top of that, if we are up on Monday it will be two points less than it would have been without the print, if we are down tomorrow it will be two points more than it would have been without the print. For real longs, no print really matters unless it is the one they bought at or sold at. a closing print is no more important than a random print chosen at 1:40 in the afternoon.... so give it a rest. For people who practice TA. This will give the chart a more favorable look, but it skews the statistics. So I conclude that I am unhappy with whomever it was that put the print on there. It obviously was to their benefit, and was pure manipulation, yet done legally and there is nothing anybody can do about it. Cheers waiting for low to mid 80's, then back in for the Christmas rush Dr.Zax