America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Mark S. who wrote (25535)	7/12/1999 4:12:00 PM
From: David E. Taylor	Read Replies (1) of 41369

Mark: I'm not a TA "expert", but I know enough to observe that there's an unfortunate gap from 115 to 120 back on 7/6 that will probably wind up getting filled, and sooner rather than later. So I wouldn't be surprised to see a back off to around 115 over the next few days, followed by a run up to another high well above the 128 level, as long as the rest of the market plays along. OTOH, sometimes these gaps wind up being new resistance levels, so AOL may just bounce off 120 rather than first visiting 115. Either way, tomorrow will probably tell. Any thoughts from our TA posters? David T.

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