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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?


To: HG who wrote (1355)1/4/1999 6:11:00 PM
From: RocketMan  Read Replies (1) | Respond to of 41369
 
I hope not. I hope we have a 10-20 percent correction. If you can not take this type of correction, you are not investing, you are speculating on short term gains. Take a look at the one year chart and you will see nice corrections after big runs, followed by runs to new highs. Maybe we will not correct that much this time due to the January effect, Yahoo earnings, and all the good news coming from AOL. That is why I have been buying on 5% dips, even though I would rather have waited for 10% dips. But by the end of the month, and certainly by the end of the year, this will all be noise, IMHO.