America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Bridge Player who wrote (29067)	8/10/1999 4:50:00 PM
From: Sonny McWilliams	Read Replies (1) of 41369

TA. Mr. Bollinger on CNBC. Just a little statement first. I am not much of a TA guy but I do glance at it and appreciate the updates on it. It tells me who has the upper hand at the time. Bulls or Bears. g 8 min. to 4. The Dow is at minus 18 coming back fast. Mr. Bollinger is doing his Bollinger bands on CNBC. He ends his blah, blah with the statement that there is still real fear out there and there is also the talk about another Hedge Fund being in trouble with major redemption going on. Ron Insana interrupts and says: Well I heard about this rumor but it has been discounted. Mr. Bollinger something like: Well something is making this market sell off. DUH. Guess what? Market quickly goes to minus 50something. Bollinger trader.com. I listened to a big trader the other day and he said that traders have CNBC on all day looking for things that could make the markets move. Well? Talk is when the market neared support, Fund manager came in big time, market turned around and shorts covered. AOL did well in this market. Sonny

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