America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Dr. David Gleitman who wrote (26112)	7/20/1999 5:04:00 PM
From: FlameMe	Read Replies (2) of 41369

Dr., I think there is a good chance we could see some more selling tomorrow only to have money come in from the sidelines, forcing shorts to cover. This current rally really got started at the end of June after the fed meeting. If this were the end, three weeks would be pretty short as rallies go. And, it seems to me that bull markets don't usually die, they are killed by bad news (and we haven't had any). If there is a snapback, then we'll have to see if it can make new highs. If it continues downward, then we probably saw the highs. As for AOL, it has been really disappointing in the last two weeks. Seems like we either need a catalyst or we have to wait until people start thinking about christmas sales over the internet. Long term, AOL longs still in good shape. Thoughts? Regards, Ross

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