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Technology Stocks : America On-Line (AOL)

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To: Ed Forrest who wrote (23100)6/18/1999 3:16:00 PM
From: Guardian  Read Replies (2) of 41369
 
FYI: from internet stock news today on market:

I have warned in the past about a potential worsening of the correction in
the NASDAQ Composite to below 2039.17 if the 2345.61 level is broken first.
I would change my mind about the correction if five things were to occur:
A new high above 2652.05 accompanied by heavier than normal volume, greater
than three to one advancing issues over decliners and the number of issues
making new high being greater than the number making new lows (new lows
must also be less than 25). I expect the bottom in the markets before the
end of July. Smart investors should have completed their purchase of
bargain priced Internet stocks by then!

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