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


To: Philip Williams who wrote (8752)3/31/1999 1:00:00 PM
From: jhg_in_kc  Respond to of 41369
 


I have watched this stock like a hawk for the last two weeks. I have seen that when it shoots up , it usually goes highest at about 90 minutes or so after the opening. the initial surge of buying is over. then they sell it down for the next hour or so. Yesterday I picked a number that was just under 150 (149) thinking that the market would resist going clear thru 150 so fast. Today I just figured the same would happen at 155 (it wouldn't get through it) I just sold at the market after it got up near 154. As to getting the lows that was just luck. I picked the number 149 as being under 150 where I thought the buyers would come back in. I think it went as low as 147.5 before turning around.
I wish I could do this every day. Just watch that AM surge, sell and buy back for the next day. (Sometimes I have bought back a bit higher than where i sold, to be sure.
jhg in Kansas City yes. I went to Pem Day until i was kicked out for radicalism.