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


To: yard_man who wrote (9465)4/9/1998 1:19:00 PM
From: Sam  Read Replies (1) | Respond to of 13594
 
Hey Barry -

I got no position in YHOO, so I can only watch from the sideline. Like I was saying earlier, the logic your giving me is the same old line. Sure, it's 100 today, but its just gotta go lower eventually! The question is, when? No one has a crystal ball. Are you prepared to sweat it out if it keeps going up, 110, 120, broker reits, 130, etc? Makes more sense to play the momentum side and go long for a trade, don't ya think? Or even a quick short position to make a quick buck on the volatility.

I'll never bet against the Street's momentum and where it wants to take a stock.

Good luck.

S.