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


To: dav who wrote (4651)2/8/1999 8:36:00 PM
From: Impristine  Respond to of 41369
 
dude, don't ask me,
this stock always rapes me,
i can't trade it,
my partner changed my
trading password...
so i just have to suck it up,
and hold it....



To: dav who wrote (4651)2/8/1999 9:24:00 PM
From: John Carpenter  Read Replies (1) | Respond to of 41369
 
Dave,

You've only suffered a 9.43% decline(maybe more if you're on margin). Still, if you've been trading for several years and
never suffered 10 or 20 percent declines, you probably haven't
invested in the technology sector. With AOL's high return potential
comes some volatility, it's extremely rare to have a very high
relative strength stock that isn't volatile. Compared to some
internet stocks, AOLs price action is placid.
Why did you buy AOL in the first place? If the fundamentals
are still intact, why worry about the temporary decline? Tonight,
we are sitting at the bottom of the Bollinger Band. An ascent to
new highs should start tomorrow. If you find occasional 10-20%
declines extremely difficult to bear, there's always CDs.