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


To: cruncher who wrote (8675)3/8/1998 9:22:00 PM
From: Bald Man from Mars  Respond to of 13594
 
I don't know why Case sold his stock ...
It is impossible to find out short of asking him why ???

From the technical action lately, I believe it is close to the
end of this bull run, not that it will not have a final blowoff
(which is very likely), so I am waiting patiently for that time
to come, buying puts will be a prudent strategy ...

I think the chart pattern will look like
1st day - making a new high but close near its low of the day
2nd day - there is no recovery ..., close near its low of the day
Then get ready to buy puts on the close of 2nd day ...