America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Vendit™ who wrote (27655)	8/2/1999 1:29:00 PM
From: Sabrejet	Read Replies (2) of 41369

I don't like for starters the problems along the 200DMA. The volume has been interesting and there is a belief that fundamentally some things have changed, making TA somewhat irrelevant as far as stochastics are concerned. That said, AOL never ceases to amaze me when it gets to these levels in support. I'm just a bit more skeptical this time around. One thing is for sure, if AOL breaks that 200DMA, the rest of the sector will take note and this could become a school lesson talked about for a while. As much as I study TA, this is when I take the blindfold off and just watch what it actually does! Sabre!

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