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


To: IKM who wrote (6409)12/15/1997 11:56:00 AM
From: Ob C Qwe US  Read Replies (1) | Respond to of 13594
 
They'd better unplug the phone, if you know what I mean.....



To: IKM who wrote (6409)12/15/1997 12:01:00 PM
From: Tim Kenney  Read Replies (1) | Respond to of 13594
 
>All it takes is the right degree of movement, and just as a lot of shorts have been squeezed, I'll bet there
are a lot of margin players getting real worried about now.<

Shorts are definitely part of the problem, not the solution. If a short is not willing to see this thing move 10+ points against him, he should not be short. The momentum players take advantage of these worms. The momo guys have a lot more bucks at their disposal and can pretty much engineer a run-up at will. With the shorts throwing in the towel left and right, it just exacerbates the situation.