America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Spreck who wrote (21851)	6/14/1999 7:07:00 AM
From: CGarcia	Read Replies (1) of 41369

"don't fight the tape". That's right...but the tape can change just like that...With S+P Futures up over 5 points this morning, who is willing to sell more of their AOL? Sorry to those who believe it has, but AOL's fundamentals HAVEN'T changed...and as soon as people realize this pullback was deeper than a .25 basis point interest hike merits, the bulls will be back with a vengence...the days of the bear markets that lasted yrs is over....as long as so many baby boomers are in the market, you can expect bear markets to last about as long as the last one did(Sept.-Dec.'98). Yes, dont fight the trends, but when a good company like AOL retreats this much, in such a short time, the trend may shift so fast you won't know what hit you.

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