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


To: Aljorma who wrote (16372)5/10/1999 10:22:00 PM
From: Sabrejet  Respond to of 41369
 
If you agree there could be a test of the 200 dma and you trade AOL then taking a profit now could be an option since a drop from these levels would be 30%+. Taxes considered, one could still trade out and come out ahead depending on how high an entry point they have.

It was an easier call for traders @175 since selling then far outweighed any reasonable trading position. Long term is a far different story!

sz