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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Jon Matz who wrote (11898)12/19/1997 9:46:00 AM
From: Jumper  Read Replies (2) | Respond to of 94695
 
AOL is worth about 1/16th :)



To: Jon Matz who wrote (11898)12/19/1997 2:00:00 PM
From: William H Huebl  Respond to of 94695
 
Jon,

A 1:100 risk reward is a real long shot... and while the charts showed the possibility of AOL diving as low as 73 1/2 in a strong sell-off, in reality, it ain't gonna! I just cancelled my order for AOLLOs (what did you say? AOLLO)

They expire today (acutally they EXPIRE tomorrow... but they stop trading today).

Another thing that may have been less than realistic is that the volatility involved in a 10% dive by AOL would probably have jacked up the option price so much that I wouldn't have gotten it anyway!

MY FORECAST FOR NEXT WEEK COMES OUT ON SATURDAY MORNING AFTER READING BARRON'S!!!

Bill