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Technology Stocks : America On-Line (AOL)
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To: Vendit™ who wrote (19086)5/28/1999 6:49:00 AM
From: Craig A   of 41369
 
Good Morning Vendit
Ecouraging post especially for my CNET. I see AOL #1 pick.Thanks.
From Briefing.com this AM FWIW:
"Not As Bad As It Looks
Again, it is important for investors to remember that even if the indices do give back another 6%-10%, such a pullback would be nothing more than a normal bull market correction. Will it be painful. You bet. But will such additional weakness spell an end to the longest running bull market in history. No, and here's why.

Interest rates remain relatively low.
Despite recent angst, inflation is under control.
S&P 500 expected to grow earnings in quarters two and three by nearly 10% year/year.
DJUA recently established a new high. The market rarely tanks when the DJUA is marching higher.
Breadth stats are improving, last week notwithstanding.
US equity market remains best game in town.
Long-term moving averages and trendlines remain unbroken."
Robert Walberg
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