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Technology Stocks : America On-Line (AOL)

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To: Venditâ„¢ who wrote (21176)6/10/1999 10:23:00 AM
From: Steeny  Read Replies (3) of 41369
 
The lows and highs are continually declining. It is declining on interest rate fears. This selling will not stop until interest rate fears are gone or AOL's valuation gets to a level that the funds like or there is a major AOL news story. There is nothing special technically about the 105 level. The next major support level begins in the mid 90s and really gets powerful around 88. This was a major trading and consolidation zone on the way up and will be very tough on the way down. Do not put faith on any one level folks. AOL will go down until some real news changes the tide.
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