America On-Line (AOL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : America On-Line (AOL)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mac S. Giballa who wrote (22114)	6/14/1999 5:26:00 PM
From: HECTOR RUBERT	Read Replies (1) of 41369

Down on Strong Volume (Looks like Washout) Just What Longs Need!!! AOL along with all the other techs needed days like today to washout all the weak hands and bring in new money. Specifically, institutional money. Our 200 moving average is $77. We are just 13pts away from this level. Today we met strong support for $90. This is great news. Every washout is always followed by newer highs. Institutional Buyers have huge cash positions and are waiting for the washout to be completed. In Summary: We are closer to the bottom than to the top. Therefore, I will continue to hold and wait for the institutional buyers to join me in the AOL roster. Remember: When you look down to an abyss, it is then that you define your character. Hector

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next