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Rick,
I raised my target to 178 tonight and just entered my new limit sell
order with Schwab. I'm going to keep revising my target each night using
the whole number closest to the top of the standard deviation channel from
12/01/98 to the highest high with the deviation set at 2. I'll be glad to
let it go at that price any time. I don't know what I'll do if I still have
it on Jan 2, 1999 <G>.
JimG
----- Original Message -----
From: Rick Mortellra <rmjapan@xxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Monday, December 28, 1998 5:40 PM
Subject: Re: AOL
>It will a huge amount of buying that will come to bear by about 100 index
>funds on Dec 31. The Vanguard Index 500 itself will have to buy around $400
>million just to get weighted properly. I also don't think there will be
much
>selling by funds that already own it because they want to have it on the
>books for year end. So I think it will easily blow by your target :-)
>
>My instinct would be to sell at the close on Dec. 31, but this net stock
>bubble still has higher to float. hat happens in the New Year is anyone's
>guess however. Since this is AOL and not a crazy "flea market" net stock,
>I'm keeping mine on a long leash.
>
>
>
>
>-----Original Message-----
>From: Jim Greening <JimGinVA@xxxxxxxxxxxxx>
>To: Metastock <metastock@xxxxxxxxxxxxx>
>Date: Tuesday, December 29, 1998 5:00 AM
>Subject: AOL
>
>
> I think
>>this higher target makes sense since AOL is going to become a member of
the
>>S&P 500 on Jan 1 which means all the index funds have to buy it. Anyway,
>>I've now got a limit sell order in at 162.
>>
>>JimG
>>
>>
>>
>>
>
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