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Technology Stocks : America On-Line (AOL)

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To: Venditâ„¢ who wrote (12084)4/21/1999 5:25:00 PM
From: HECTOR RUBERT  Read Replies (1) of 41369
 
CNBC reported that a couple of large hedge funds that SHORTED the S&P covered today at the close!!

This is a bullish sign as naysayers have surrender to the markets BULLS as they make another serious run but unlike the previous ones...this one has legs as its being driven by blow out earnings on the tech sector and the upcoming week still has AOL and Doubleclick earnings which will also blow out estimates....!!!

This ride will be solid since the markets have broaden accross cyclicals, financials, and technology.

I really think AOL will retest its high of 170's before earnings are due next week!!!!!

Hector
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