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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: craig who wrote (5283)10/27/1997 2:18:00 PM
From: GuyNixon  Respond to of 13594
 
The great irony of this morning's movement is that, there are still large buy orders.

Now the stock is technically weak, and would easily be the primary target for year end profit taking. What's the reasoning behind these big buy orders? They have to come from institutions, judged from their sizes.
Is there something missing?

Still puzzled...

Guy



To: craig who wrote (5283)10/27/1997 2:23:00 PM
From: IKM  Read Replies (1) | Respond to of 13594
 
FEAR has pervaded the market. Rallies are short-lived and sold into. I've moved into cash, except for my AOL puts and one other long. This kid doesn't want to try to pick the bottom.



To: craig who wrote (5283)10/27/1997 3:16:00 PM
From: Brent D. Beal  Read Replies (1) | Respond to of 13594
 
OK by me if some "bigger idiots" want to push this thing back up, I got in this morning on the Nov75s for $1 1/8, got out at $2, for a quick 80% gain in about 3 hours. If is goes back up, it'll just be a chance to do the same thing again--after all that's how the money is made. . .