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Technology Stocks : America On-Line (AOL)

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To: grogger who wrote (20680)6/7/1999 11:10:00 AM
From: Tunica Albuginea  Read Replies (1) of 41369
 
grogger, CNBC had an interesting analyst on this AM, Re: Interest rates.
They juxtaposed an interest rate timegraph over an industrial capacity utilization chart going back several years. The two matched exactly.

That indicates that interest rates never go up as long as capacity utilization is below it's max of 84.5%.
At present it is ~76%.That means we have room to put out many more goods at the current prices before prices go up.
Also,
-commodity prices are down.
-oil is down to $16/ barrel from 18+.
gold is at historical low.
-new job creation is down.

My take: interest rates will not be increased. PPI on Fri will be
stable and market will shoot up.

Here is another call: AOL close at 122 today? gg

TA
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