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


To: Bald Man from Mars who wrote (8268)2/25/1998 4:36:00 PM
From: yard_man  Respond to of 13594
 
No, I just wouldn't read that much into it. If you've watched this stock for very long you would know that it is not very highly correlated with the market indices over the short term, i.e. 1 - 2 days. Get some day charts and see. A rare exception that I can think of was the October surprise last year. I remember many instances where this stock has rallied late in the day while the market as a whole was selling off. Be careful.



To: Bald Man from Mars who wrote (8268)2/25/1998 4:39:00 PM
From: the Druid  Read Replies (1) | Respond to of 13594
 
BMFM, is your target 145 before you jump in to short
again? Has the last two days' action changed your mind?
Or are you just thinking about it? Please tell us what is
your revised target if you have one.

Also the market right now is finding all kinds of excuses
to go up. So today Greenspan did not mention anything
negative. But remember he said sth yesterday and he
did not take his words back today. That is not reason
enough for the market to retrace all the back and then
some. Well, better not to argue with the market,
especially a super raging bull market.



To: Bald Man from Mars who wrote (8268)2/25/1998 4:44:00 PM
From: RLM  Read Replies (1) | Respond to of 13594
 
I don't know if I would mess with this stock right now. It has to come down, but it won't until the institutions decide to let it happen. They along with AOL have pulled every trick in the book to drive this stock higher. It should be illegal what goes on here, but big business runs this country, so they get away with it.