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


To: James F. Hopkins who wrote (6854)1/15/1998 1:15:00 PM
From: yard_man  Read Replies (1) | Respond to of 13594
 
James -- OFF TOPIC

I've been buying WEBS, too. Bought EWM too soon. Was @ ave price of 6 before Mon. Mon I jumped on some more @ 3 5/8. Too much pessimism -- knew there had to be short reversal there. Trying to decide if I want to play that batch short term or just hold. My average price now slightly above 5. I think long term exchange rates will readjust or the difference in rates will fuel some growth to dampen the damage that has occured.

Haven't played SPY, though I thought about shorting some the first of the year -- he who hesitates ...

Much easier to call the indices, I think also, but not as much reward when you are right.