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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (38139)4/2/1998 9:19:00 PM
From: Bald Man from Mars  Read Replies (2) | Respond to of 58727
 
<< BMM.. I looked back at AOL's chart, only last October did it have an
appreciable short benefit below the 25 day moa. All the other times it
would have been the time to buy. I'm just trying to nail an overbought
top with a chicken trade, though at this point I'm the one with
feathers... :~)

Yet I shall prevail against this whale they call AOL.>>

I would not consider shorting this dude or buying puts unless
it closes at least 3% below its 25 moving average for 3 days
in a row.
I advise you to be patient at this time, I think this internet
thing is going to blow up soon, look at what they did to
SDTI today (a 1/3 haircut) ...
Good luck, buddy ...