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Technology Stocks : America On-Line (AOL)
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To: ben. who wrote (22204)6/14/1999 10:15:00 PM
From: bobby beara  Read Replies (2) of 41369
 
iqc.com

AOL has made a speculative 5 wave market top from the early 90's and will retrace back the wave 3, which is $22.

If you have profited of this bubble, good for you it's time to exit.

if you are upside down, look for losses to get bigger over the next year.

this is a bubble, all bubbles burst, all bubbles go farther than most expect.

the internet is the best thing going since sliced bread, however that has nothing to do the stock valuations or the law of supply and demand, (margined players still have supply)

bb
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