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Technology Stocks : America On-Line: will it survive ...?

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To: Kerry Phineas who wrote (9039)3/25/1998 4:07:00 PM
From: Bob Kimball  Read Replies (1) of 13594
 
We should salute Bald Man... he said wait to 140 (pre-split) to short!

If any of you have read Gann (hopefully you will make your money trading instead of writing books) you've been introduced to the frequency with which major reversals are made at round number multiples. Remember the old pre-split peak at 72? We're just about there. Doubt it breaks 72 by more than a hair this time, if it even gets there.

For the near term, a key reversal down is always music to a bear's ears!!!
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