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


To: William H Huebl who wrote (15411)4/2/1998 8:17:00 PM
From: White Shoes  Read Replies (1) | Respond to of 94695
 
Hi Bill. Haven't had time to follow all the posts here, but just off the top of my head...

SURELY, surely, THIS is what we are talking about when we are talking about he kind of speculative blowoff that occurs at a market top? AOL and YAHOO blast ahead 2 days in a row...AOL was up $4 (that's $8 in last month's stock), and DIDN'T PULL BACK but advanced today!

Surely this market is ripe!!!

PS You gave me technical advice when AOL was at 70 (35 in today's stock). Most stocks that make it to 70 make it to 100, or something like that. That note of caution saved me a lot of grief. I still haven't bought AOL puts. Thankfully. From that 70 the stock has more than doubled to $76 post split (2 for 1). That's above the analysts' crazy targets.