America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: RocketMan who wrote (23484)	6/21/1999 6:33:00 PM
From: ISOMAN	Read Replies (1) of 41369

I remember a WSJ story that tanked the Stock from the $150 range to $112 in April. 55 million shares traded. The stock then rallied back to the $160s. It then dropped to $105 three times.... Fooling us Gurus into thinking that $105 was the resistence. Then fear and panic set in.... A few people began sticking needles in the eyes of the already nervous The stock trailed down to 90$ on low volume days 16 million to 23 million. Some people were screaming "This is going to $70" (I knew I believed them...oh yeah.,..oh yeah sure) Anyway....At $90 I tried to load the boat...and they wouldn't let me fill the cargo bay.... sooooo......... Since emotion was the reason for the drop.... Emotion will be the reason for the return to $150

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