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Pastimes : ASK Vendit Off Topic Questions
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To: thecow who wrote (2091)10/7/1999 6:37:00 AM
From: Vendit™  Read Replies (1) of 19374
 
That is a good question and the answer is not a short one. Yahoo, a blue chip leader in the Internet sector just announced what I consider blow out earnings and growth numbers after the close of yesterday's trading.

As a result AOL which closed at $118 1/4 traded up and closed in after hours at $120. Yahoo also advanced in after hours by several dollars. By this action I will assume that the entire net sector today will experience a boon in new money coming in for at least a day or two so the Inutz are a good place to choose a stock to play today.

AOL did breach the upper side of it's overhead resistance of $120 yesterday so I anticipate it will make the next resistance level of $130. You can also factor in the fact that the Christmas ecommerce run is at the beginning if it's season which will be another factor that will drive AOL and the other net leaders over the next several months. AOL has announced a split along with blow out earnings each of the last two if not three years in the month of October. This history of October splits makes it a good play now as well.

This chart is one that when you look at it you are amazed at the power it shows;

206.146.143.80

Look at this picture perfect set of buy signals on HWP yesterday.

Message 11466277

I anticipate HWP is headed quickly back to $100.
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